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Stock Market & Financial Investment News

News Breaks
February 28, 2013
16:07 EDTGPSGap approves plan to raise yearly dividend
Gap announced that its Board of Directors has approved a plan to increase the company’s annual dividend per share by 20% from 50c in fiscal year 2012 to 60c in fiscal year 2013. The first quarterly dividend of 15c per share was declared for payment on or after May 1to shareholders of record at the close of business on April 10. Additional quarterly dividends are expected to be paid in July, October, and January.
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