Clarus (CLAR) Initiates $0.025 Quarterly Dividend; 1.1% Yield

Clarus (NASDAQ: CLAR) declared a quarterly dividend of $0.025 per share, or $0.1 annualized.

The dividend will be payable on September 4, 2018, to stockholders of record on August 20, 2018, with an ex-dividend date of August 17, 2018.

The annual yield on the dividend is 1.1 percent.

“The decision by the board to initiate a dividend represents a significant milestone in our evolution and underscores our entry into more consistent operating performance, growing free cash flow generation and a strong long-term financial outlook,” said Warren Kanders, Clarus’ executive chairman. “It also underscores our commitment to driving shareholder value and is complemented by continued investments in our brands and product innovation, a $30 million share repurchase program and an opportunistic acquisition strategy.”

For a dividend history and other dividend-related data on Clarus (CLAR) click here.

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