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March 4, 2015

Staples issues first-quarter 2015 dividend

Staples Inc. has approved a 12-cent quarterly dividend that the Framingham-based office supplies retailer will give April 16 to its shareholders of record as of March 27, the company announced Wednesday.

Staples, which is scheduled to announce its fourth-quarter and annual earnings numbers for 2014 this Friday, recently announced it would buy its chief rival, Office Depot, for $6.3 billion.

In November, when it announced its third-quarter 2014 numbers, the company said it expected fourth-quarter sales to fall compared with the fourth quarter of 2013. It also said it expected to record pre-tax charges in the range of $45 million to $80 million associated with restructuring and other related activities.

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