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Limited Brands ups dividend 20 percent

COLUMBUS, Ohio (AP) -- Limited Brands Inc., which owns Victoria's Secret, Bath and Body Works and other mall chains, said Monday that it is increasing its regular annual dividend by 20 cents to $1.20.

The first quarterly dividend of 30 cents will be paid on March 8 to shareholders of record as of Feb. 22.

Limited Brands shares rose 17 cents to close at $47.42 on Monday.