Nordstrom Increases Regular Quarterly Dividend 15% From $0.20 To $0.23 (JWN)

Nordstrom 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.