Tommy Bahama parent Oxford Industries raises dividend by 14%

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Oxford Industries Inc.
OXM,
-0.26%
said late Tuesday its board of directors has approved a 14% dividend increase to 42 cents a share. The dividend is payable on July 30 to shareholders of record on July 16, the company said. The company has paid dividends every quarter since it became publicly owned in 1960, it said.

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