Foot Locker, Inc. declared a quarterly dividend of 15 cents a share, paybable May 2 to shareholders of record as of April 18. This dividend represents a 20 percent increase over the company's previous quarterly per share amount and is equivalent to an annualized rate of 60 cents per share.

Foot Locker also said it plans to report its fourth quarter results on Monday, March 10, after the market's close. A conference call is scheduled for Tuesday, March 11 at 9:00 a.m.