| FEDERATED DEPARTMENT <FDS> RAISES QTLY DIVIDEND | |
| Federated Department Stores Inc said | |
| it raised its quarterly common stock dividend to 74 cts a | |
| share, from 67 cts, an increase of 10.5 pct. | |
| The company said it also approved a two-for-one stock split | |
| in the form of a 100 pct stock dividend. | |
| At the same time, Federated said it will ask shareholders | |
| to approve an increase in the number of authorized shares to | |
| 400 mln, from 200 mln. | |
| Federated said the dividend is payable on a pre-split basis | |
| on April 24 to shareholders of record April 10. | |
| New shares from the stock split will be distributed May 11, | |
| it said. | |