Published February 13, 2015 4:20pm EST | Updated May 21, 2015 1:29pm EDT

Nordstrom Boosts Dividend By 12%

Nordstrom Inc. said it raised its quarterly dividend by 12% to 37 cents a share from 33 cents a share. The new dividend will be paid on March 13 to shareholders of record on Feb. 27. The stock, which was unchanged in after-hours trade, has gained 8.4% over the past three months, while the S&P 500 has advanced 2.8%.