Nordstrom Increases Its Regular Quarterly Dividend

SEATTLE, Feb 23, 2011 (BUSINESS WIRE) --

Nordstrom, Inc. (NYSE:JWN) announced today that its board of directors has approved a quarterly dividend of 23 cents per share, an increase of 15% over the previous quarter's dividend. The dividend is payable on March 15, 2011, to shareholders of record on March 4, 2011.

About Nordstrom

Nordstrom, Inc. is one of the nation's leading fashion specialty retailers, with 204 stores located in 28 states. Founded in 1901 as a shoe store in Seattle, today Nordstrom operates 115 Nordstrom full-line stores, 86 Nordstrom Racks, two Jeffrey boutiques and one clearance store. Nordstrom also serves customers through its online presence at www.nordstrom.com and through its catalogs. Nordstrom, Inc.'s common stock is publicly traded on the NYSE under the symbol JWN.

SOURCE: Nordstrom, Inc.

Nordstrom, Inc.
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