G&K Services (GKSR) will pay a special dividend of $6/share and up its quarterly payout to to 19.5 cents a share, the 7th year in a row that the work apparel provider has lifted its dividend. G&K will also "opportunistically pursue open market share repurchases." The firm will take a Q3 charge of $0.07/share related to the special dividend. (PR)
G&K Services (GKSR) will pay a special dividend of $6/share and up its quarterly payout to...
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