Nation's largest catalog merchant J. C. Penney Company Inc announced that its Board of Directors declared a quarterly dividend of $0.125 per share on the company's common stock, payable November 1, 2005, to the company's stockholders of record at the close of business on October 10, 2005.
America's largest department store J. C. Penney Corporation Inc, the wholly owned operating subsidiary of J. C. Penney Company Inc is also a catalog and e-commerce retailers, employing approximately 150,000 associates. As of July 30, 2005, J. C. Penney Corporation Inc operated 1,015 JCPenney department stores throughout the United States and Puerto Rico.
The company is one of the largest apparel and home furnishings sites on the Internet. J. C. Penney Corporation Inc is a contributor to JCPenney Afterschool Fund, a charitable organization committed to providing children with high quality after school programs to help them reach their full potential.