Hibbett Sports (HIBB) Initiates, Declares $0.25 Quarterly Dividend; 1.3% Yield

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Hibbett Initiates Quarterly Cash Dividend

June 24, 2021 7:45 AM EDT

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Hibbett, Inc. (Nasdaq/GS: HIBB) (the Company), an athletic-inspired fashion retailer, today announced that its Board of Directors has declared an initial quarterly dividend of $0.25 per share on the Companys common stock. The commencement of the Companys first ongoing dividend program is reflective of the Companys growth and commitment to delivering long-term shareholder value.

Anthony Crudele, Chairman of the Board of Directors, commented, The decision to initiate a quarterly cash dividend is the result of the Boards confidence in the Companys financial strength and ability... More