The board of directors of specialist health company GNC Holdings (NYSE:GNC) on Monday declared its dividend of USD0.20 per share of its common stock for the first quarter of 2016.
This payment marks a growth of 11.1% over the company's prior quarterly cash dividend.
Stockholders of record at the close of business as of 11 March 2016 will receive the cash dividend on or about 25 March 2016.
According to the company, the increase marks the fourth consecutive annual per-share increase in its dividend, which it instituted in 2012.
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