Tandy Leather Factory (TLF) Declares $1.50 Special Dividend; 34.2% Yield

Go back to Tandy Leather Factory (TLF) Declares $1.50 Special Dividend; 34.2% Yield

Tandy Leather Factory Announces Completion of HQ Sale and Lease of New Space, Dividend to Stockholders

January 29, 2025 9:00 AM EST

FORT WORTH, Texas, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (the Company, Nasdaq: TLF) today announced that it had closed on the sale of its corporate headquarters facilities, including its primary distribution center and flagship retail store, to Colonna Brothers, Inc. Concurrently with the closing, the Company entered into lease agreements to remain in its current spaces until approximately September 2025. The Company is continuing to seek a new location for its Fort Worth flagship store, which remains open at its current site.

The Company also announced that on... More