In this Monday, Nov. 19, 2012 photo, pedestrians and motorists pass by the Carew Tower that houses the Tower Place Mall in downtown Cincinnati. The city of Cincinnati is trying to take over the long-floundering mall, hoping to find better use for the expanses of vacated retail stores and other abandoned space in the city's ongoing effort to revitalize its downtown. (AP Photo/Al Behrman)

Limited Brands ups dividend 20 percent

Published: 10:12:32 PM, Mon 04 February 2013 UTC

COLUMBUS, Ohio (AP) — Limited Brands Inc., which owns Victoria's Secret, Bath and Body Works and other mall chains, said Monday that it is increasing its regular annual dividend by 20 cents to $1.20.

The first quarterly dividend of 30 cents will be paid on March 8 to shareholders of record as of Feb. 22.

Limited Brands shares rose 17 cents to close at $47.42 on Monday.

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