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Younkers parent company declares early dividend

December 9, 2012
Messenger News

On Tuesday, the board of directors of The Bon-Ton Stores Inc., the parent company of Younkers, declared a cash dividend of 5 cents per share on the Class A common stock and common stock of the company payable Dec. 21 to shareholders of record as of Dec. 14.

The company is accelerating its dividend payment in advance of likely increases in taxes in 2013; payment would typically have occurred in the first quarter of fiscal 2013.

The Bon-Ton Stores Inc., with corporate headquarters in York, Penn., and Milwaukee, Wis., operates 273 department stores, which includes 11 furniture galleries, in 24 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner's, Boston Store, Carson Pirie Scott, Elder-Beerman, Herberger's and Younkers nameplates and, in the Detroit, Mich., area, under the Parisian nameplate.

 
 

 

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