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SUBSEQUENT EVENTS
12 Months Ended
Oct. 28, 2018
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

30. SUBSEQUENT EVENTS

A quarterly dividend of $.76 per share was declared at the Board of Directors meeting on December 5, 2018, payable on February 1, 2019 to stockholders of record on December 31, 2018. The new quarterly rate represents an increase of 7 cents per share over the previous level, or approximately 10 percent.

In November 2018, the company’s financial services operations entered into a retail note securitization using its bank conduit facility that resulted in securitization borrowings of approximately $1,245 million.