GNC Holdings, Inc. Announces 12.5% Increase in its Quarterly Dividend
PITTSBURGH - Jan. 30, 2015 // PRNewswire // - The Board of Directors of GNC Holdings, Inc. (NYSE: GNC, the "Company") authorized and declared the quarterly cash dividend for the first quarter of 2015 of $0.18 per share of the Company's common stock, representing a 12.5% increase over its prior quarterly dividend. The dividend will be paid on or about March 27, 2015 to stockholders of record as of the close of business on March 13, 2015.
About GNC Holdings, Inc.
GNC Holdings, Inc., headquartered in Pittsburgh, PA, is a leading global specialty retailer of health and wellness products - including vitamins, minerals, and herbal supplement products, sports nutrition products and diet products - and trades on the New York Stock Exchange under the symbol "GNC."
The Company has a diversified, multi-channel business model and derives revenue from product sales through company-owned retail stores, domestic and international franchise activities, third party contract manufacturing, e-commerce and corporate partnerships. GNC's broad and deep product mix, which is focused on premium, value-added nutritional products, is sold under GNC proprietary brands, including Mega Men®, Ultra Mega®, Total Lean™, Pro Performance® AMP, Beyond Raw®, GNC Puredge™, GNC GenetixHD®, Herbal Plus® and under nationally recognized third party brands. As of September 30, 2014, GNC has more than 8,800 locations, of which more than 6,500 retail locations are in the United States (including 1,063 franchise and 2,258 Rite Aid franchise store-within-a-store locations) and franchise operations in more than 50 countries (including distribution centers where retail sales are made).
SOURCE GNC Holdings, Inc.
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