Weyco Group, Inc. (NASDAQ:WEYS) Declares Quarterly Dividend of $0.28

by · The Markets Daily

Weyco Group, Inc. (NASDAQ:WEYS – Get Free Report) declared a quarterly dividend on Tuesday, August 4th. Stockholders of record on Tuesday, August 18th will be paid a dividend of 0.28 per share by the textile maker on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, August 18th.

Weyco Group has raised its dividend payment by an average of 0.3%per year over the last three years and has raised its dividend every year for the last 3 years.

Weyco Group Price Performance

WEYS opened at $40.96 on Wednesday. Weyco Group has a one year low of $27.25 and a one year high of $41.86. The company’s 50 day simple moving average is $37.78 and its 200-day simple moving average is $34.54. The stock has a market capitalization of $390.43 million, a P/E ratio of 16.52 and a beta of 0.88.

Weyco Group (NASDAQ:WEYS – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The textile maker reported $1.39 earnings per share for the quarter. Weyco Group had a net margin of 8.57% and a return on equity of 9.63%. The business had revenue of $62.22 million during the quarter.

About Weyco Group

(Get Free Report)

Weyco Group, Inc is a publicly traded footwear company (NASDAQ: WEYS) based in Glendale, Wisconsin, that designs, sources, markets and distributes branded footwear products. The company operates through a portfolio of five consumer brands—Florsheim, Stacy Adams, Nunn Bush, BOGS and Rafters—offering a full range of dress, casual and performance footwear for men and women.

The Florsheim brand, with roots dating back to 1892, provides classic and contemporary men’s dress shoe styles, while Stacy Adams and Nunn Bush deliver fashion-forward and casual offerings.

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