RG Barry Brands Board Increases Dividend By 11.1%

Feb 03, 2014, 18:46 ET from R.G. Barry Corporation

PICKERINGTON, Ohio, Feb. 3, 2014 /PRNewswire/ -- The Board of Directors of accessories marketer R.G. Barry Corporation (Nasdaq: DFZ) today announced an 11.1% increase in the Company's quarterly cash dividend, from $0.09 per share to $0.10 per share, or $0.40 per share on an annual basis.

In addition, the Board declared a $0.10 per share dividend payable on March 4, 2014 to shareholders of record on February 17, 2014. 

The increase marks the fourth hike in quarterly per share dividend payments since the Company's current dividend policy was implemented in 2009.

RG Barry Brands has approximately 11,500,000 shares outstanding.

About RG Barry
RG Barry develops accessories brands that provide fashionable, solution-oriented products for a great life. Our primary brands include: Dearfoams slippers dearfoams.com; baggallini handbags, totes and travel accessories baggallini.com; and Foot Petals premium insoles and comfort products footpetals.com.  To learn more, visit us at rgbarry.com.

SOURCE R.G. Barry Corporation