Dick’s Sporting raises annual dividend 3% to $5.00 per share

On March 11, the company’s Board of Directors authorized and declared a quarterly dividend in the amount of $1.25 per share on the company’s common stock and Class B common stock. The dividend is payable in cash on April 10 to stockholders of record at the close of business on March 27. This dividend represents an increase of 3% over the company’s previous quarterly per share amount and is equivalent to an annualized dividend of $5.00 per share.