Wolverine World Wide, Inc. (WWW) to Issue Quarterly Dividend of $0.10 on May 1st

Wolverine World Wide, Inc. (NYSE:WWW) announced a quarterly dividend on Wednesday, February 11th. Stockholders of record on Wednesday, April 1st will be given a dividend of 0.10 per share by the textile maker on Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Wednesday, April 1st.

Wolverine World Wide has a dividend payout ratio of 29.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Wolverine World Wide to earn $1.59 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 25.2%.

Wolverine World Wide Stock Performance

NYSE:WWW opened at $15.78 on Monday. The stock has a market capitalization of $1.29 billion, a P/E ratio of 13.97 and a beta of 1.88. The company has a current ratio of 1.40, a quick ratio of 0.87 and a debt-to-equity ratio of 1.29. Wolverine World Wide has a 1 year low of $9.58 and a 1 year high of $32.80. The firm has a 50 day moving average of $17.49 and a 200-day moving average of $19.97.

Wolverine World Wide (NYSE:WWW) last released its quarterly earnings results on Thursday, February 26th. The textile maker reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. Wolverine World Wide had a return on equity of 29.84% and a net margin of 5.06%.The business had revenue of $517.50 million for the quarter, compared to analyst estimates of $510.49 million. During the same period in the prior year, the company earned $0.40 EPS. Wolverine World Wide’s revenue for the quarter was up 4.6% on a year-over-year basis. Wolverine World Wide has set its FY 2026 guidance at 1.350-1.500 EPS. As a group, sell-side analysts anticipate that Wolverine World Wide will post 1.23 EPS for the current fiscal year.

Wolverine World Wide Company Profile

Wolverine World Wide, Inc (NYSE: WWW) is a global footwear and apparel company headquartered in Rockford, Michigan. The company designs, manufactures and markets a diversified portfolio of casual, active and performance lifestyle brands. Wolverine World Wide’s offerings span multiple price points and consumer segments, with products that include outdoor and trail footwear, running shoes, casual sneakers, boat shoes, work boots and related apparel and accessories.

Key brands in Wolverine World Wide’s portfolio include Merrell, an outdoor performance footwear brand; Saucony, known for running shoes and athletic gear; Sperry, which popularized boat shoes; Hush Puppies, a casual and comfort‐oriented line; and Keds, a heritage sneaker label.