Finish Line Inc. boosted its quarterly dividend by 33% to 4 cents a share from 3 cents previously. The quarterly cash dividend will be payable March 15, 2010 to shareholders of record as of February 26, 2010.
“Our continued commitment to a premium position with shoppers coupled
with disciplined cost controls and effective capital deployment have
resulted in an improved cash position for our company,” said Finish
Line Chief Executive Officer Glenn Lyon. “We believe in using our cash
position to enhance shareholder value and today's 33% increase in the
quarterly dividend is in line with this commitment.”
