Weyco Group, Inc. (WEYS) Declares $2.00 Special Dividend; 5.9% Yield

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Go back to Weyco Group, Inc. (WEYS) Declares $2.00 Special Dividend; 5.9% Yield

Weyco Group, Inc. Declares Special Cash Dividend

November 5, 2024 4:05 PM EST

MILWAUKEE, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ: WEYS) (the Company) announced that today its Board of Directors declared a special one-time cash dividend of $2.00 per share, for a total of approximately $19.0 million based on the number of shares currently outstanding. The dividend will be paid on January 2, 2025, to shareholders of record at the close of business on November 18, 2024.

We are pleased to announce this return of capital to shareholders, stated Thomas W. Florsheim, Jr., Chairman and CEO. Our strong financial performance over... More