FORT WORTH, Texas--(BUSINESS WIRE)-- Pier 1 Imports, Inc. (NYSE:PIR) today announced that its Board of Directors declared a $0.04 per share quarterly cash dividend on the Companys outstanding shares of common stock. The $0.04 quarterly cash dividend will be paid on October 31, 2012 to shareholders of record on October 17, 2012. As of September 21, 2012, approximately 106.3 million shares of the Companys common stock were outstanding.

Pier 1 Imports, Inc. is the original global importer of imported decorative home furnishings and gifts. Information about the Company is available on www.pier1.com.

Pier 1 Imports, Inc.
Cary Turner, 817-252-8400

Source: Pier 1 Imports, Inc.