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$HD said its BoD declared a 17% increase in its quarterly dividend to $0.69 per share. The dividend, which increased for the seventh consecutive year, is payable on March 24, to shareholders of record on the close of business on March 10. This is the 116th consecutive quarter the company has paid a cash dividend.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.