The Buckle (BKE) Declares $2.65 Special Dividend, Names Shruti S. Joshi to Board
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.3%
Revenue Growth %: +2.7%
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The Buckle (NYSE: BKE) declared a special dividend of $2.65 per share.
The dividend will be payable on January 27, 2023, to stockholders of record on January 13, 2023, with an ex-dividend date of January 12, 2023.
The annual yield on the dividend is 5.9 percent.
The Board also authorized a $0.35 per share quarterly dividend to be paid to shareholders of record at the close of business on January 13, 2023. Both the $2.65 per share special cash dividend and the $0.35 per share quarterly dividend ($3.00 per share in total) are payable on January 27, 2023 and will be paid together.
The Company also announced that the Board of Directors elected Shruti S. Joshi as a member of the Company’s Board of Directors, effective immediately. Ms. Joshi currently serves as Chief Operating Officer for Facet Wealth, a position she has held since August 2021. In this role, she is responsible for continuing Facet Wealth’s growth by overseeing its overall go-to market strategy, defining and leading its unique end-to-end client experience, and helping to define new revenue stream opportunities. Facet Wealth is a rapidly growing fintech company offering unbiased, personalized financial advice and services at an affordable subscription fee. Prior to joining Facet Wealth, Ms. Joshi was an equity partner at Altman Vilandrie & Company, now Altman Solon, where she built and ran the firm’s Marketing ROI Practice. Prior to that, she was an executive at Verizon Communications, where she led new acquisition growth for consumer FiOS and core network products.
For a dividend history and other dividend-related data on The Buckle (BKE) click here.
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