IRVING, Texas, Dec. 2 /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 January 30, 2004 to
shareholders of record at the close of business on January 15, 2004.
Michaels Stores, Inc. is the world's largest retailer of arts, crafts,
framing, floral, wall decor, and seasonal merchandise for the hobbyist and do-
it-yourself home decorator. The Company owns and operates 798 Michaels stores
in 48 states and Canada, 11 Village Crafts stores across the U.S., 158 Aaron
Brothers stores, located primarily on the West Coast, two ReCollections stores
in Dallas and Frisco, Texas, and two wholesale operations in Atlanta, Georgia
and Dallas, Texas.
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
CONTACT:
Jeffrey N. Boyer, Executive Vice President -
Chief Financial Officer, +1-972-409-1581, or Chris Holland, Vice
President - Finance, +1-972-409-1667, both of Michaels Stores,
Inc.
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