IRVING, Texas, June 16 /PRNewswire-FirstCall/ -- Michaels Stores, Inc.
(NYSE: MIK) announced today that its Board of Directors has declared a
quarterly cash dividend of $0.10 per share to be payable July 29, 2005, to
shareholders of record at the close of business on July 15, 2005.
Michaels Stores, Inc. is the world's largest specialty retailer of arts,
crafts, framing, floral, wall decor, and seasonal merchandise for the hobbyist
and do-it-yourself home decorator. As of June 15, 2005, the Company owns and
operates 863 Michaels stores in 48 states and Canada, 165 Aaron Brothers
stores, 10 Recollections stores, and four Star Wholesale operations.
This press release is also available on the Michaels Stores, Inc. website
(http://www.michaels.com ).
SOURCE Michaels Stores, Inc.
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Related links:
http://www.michaels.com
Company News On-Call:
http://www.prnewswire.com/comp/115769.html
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/20040804/DAMICHAELSLOGO
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CONTACT:
Jeffrey N. Boyer, Executive Vice President -
Chief Financial Officer, +1-972-409-1581, or Thomas Melito,
Assistant Treasurer, +1-972-409-1527, both of Michaels Stores,
Inc.
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