The Globe and Mail reports in its Wednesday edition Rona posted its best quarterly results in more than three years on Tuesday as it raised its dividend 14 per cent. A Canadian Press dispatch to The Globe says Rona's net profit attributable to shareholders was $49.9-million or 46 cents a share for the three months ended June 28. That is up from $42-million or 35 cents a share a year earlier. Rona also announced it will pay a quarterly dividend of four cents a share on Sept. 25. It had paid a 14-cent-per-share annual dividend twice a year, but it will now move to a quarterly payout. Revenue increased 5.9 per cent to $1.26-billion from $1.19-billion. Retail sales grew 6.7 per cent, while distribution sales rose 3.7 per cent. Same-store sales grew 5.4 per cent, well above analyst expectations. Except for the fourth quarter of 2014, it was the highest quarterly sales growth from existing operations since the first quarter of 2010. Rona's revenue in the second quarter was the highest since the same period in 2012. Almost $97-million in adjusted pretax operating profit was the highest since the third quarter of 2011. Over the past year, the company bought back 11 million shares.