IRVING, Texas, Sept. 13 /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 October 31, 2005, to
shareholders of record at the close of business on October 14, 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 September 13, 2005, the Company owns
and operates 877 Michaels stores in 48 states and Canada, 165 Aaron Brothers
stores, 11 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
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Company News On-Call: http://www.prnewswire.com/comp/115769.html
CONTACT: Lisa K. Klinger, Vice President - Treasurer and Investor Relations of Michaels Stores, Inc., +1-972-409-1528
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