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L Brands raises annual dividend by 13 percent

February 3, 2014

NEW YORK (AP) The parent company of Victoria's Secret , Bath & Body Works and other retailers raised its annual dividend by 13 percent and declared a special dividend of $1 per share. L Brands' annual dividend will be $1.36 per share, up from $1.20 per share. L Brands Inc. , formerly known as Limited Brands, said Monday that the special dividend and its regular quarterly dividend of 34 cents per share will be paid on March 7 to shareholders of record on Feb. 21 . It's the company's 157th consecutive quarterly dividend.

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Source: Associated Press

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