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Ross Stores Announces Quarterly Cash Dividend Payment

NEWARK, Calif., Nov. 18 /PRNewswire/ -- Ross Stores, Inc. (Nasdaq: ROST) announced today that its Board of Directors declared a regular quarterly cash dividend of three and one-quarter cents ($.0325) per common share, payable on or about January 3, 2000 to stockholders of record as of December 3, 1999.

Ross Stores, Inc. operates a national chain of off-price retail stores offering first quality, in-season, branded apparel and apparel-related merchandise for the entire family at prices that average 20% to 60% less than department and specialty stores, as well as merchandise for the home at similar savings. The company had 381 stores at October 30, 1999, compared to 350 stores at the end of the same period last year.

SOURCE Ross Stores, Inc.