Foot Locker Jumps Dividend 39%

NEW YORK, Nov. 15 /PRNewswire-FirstCall/ — Foot Locker, Inc. (NYSE:FL), the New York-based specialty athletic retailer, announced today that its Board of Directors declared a quarterly cash dividend on the Company’s common stock of $0.125 per share, which will be payable on February 2, 2007 to shareholders of record on January 19, 2007. This dividend represents a 39 percent increase over the Company’s previous quarterly per share amount and is equivalent to an annualized rate of $0.50 per share.

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