PLANO, Texas--(BUSINESS WIRE)--Sep. 18, 2009--
J. C. Penney Company, Inc. (NYSE:JCP) announced that its Board of
Directors declared a quarterly dividend on the Company's common stock of
$0.20 per share. The dividend is payable Nov. 2, 2009, to Company
stockholders of record at the close of business on Oct. 9, 2009.
JCPenney is one of America's leading retailers, operating 1,106
department stores throughout the United States and Puerto Rico, as well
as one of the largest apparel and home furnishing sites on the Internet,
jcp.com, and the nation's largest general merchandise catalog business.
Through these integrated channels, JCPenney offers a wide array of
national, private and exclusive brands which reflect the Company's
commitment to providing customers with style and quality at a smart
price. Traded as "JCP" on the New York Stock Exchange, the Company
posted revenue of $18.5 billion in 2008 and is executing its strategic
plan to be the growth leader in the retail industry. Key to this
strategy is JCPenney's "Every Day Matters" brand positioning, intended
to generate deeper, more emotionally driven relationships with customers
by fully engaging the Company's approximately 150,000 Associates to
offer encouragement, provide ideas and inspire customers every time they
shop with JCPenney.
Source: J. C. Penney Company, Inc.
J. C. Penney Company, Inc.
Phil Sanchez, 972-431-5575
Darcie Brossart, 972-431-3400