PETM, 12% Increase to Its Quarterly Dividend

PetSmart Incorporated trades with the symbol PETM — The company’s Board of Directors has announced the approval to increase its quarterly dividend by 12% from $0.125 to $0.14 per share beginning in the second quarter of fiscal 2011— and has also authorized a NEW $450 million dollar share purchase program, which will commence on August 1, 2011, and continue until January 2013 - PetSmart Incorporated is the largest specialty pet retailer of services and solutions for pets