Nordstrom Inc announced that its board of directors approved a quarterly dividend of $0.135 per share payable on June 15, 2007, to shareholders of record on May 31, 2007.
Nordstrom Inc is one of the nation's leading fashion specialty retailers, with 155 US stores located in 27 states.
Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 98 full-line stores, 50 Nordstrom Racks, four Faconnable boutiques, one free-standing shoe store, and two clearance stores.