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

Weyco Group, Inc. (NASDAQ:WEYS) declared a quarterly dividend on Tuesday, August 4th. Investors of record on Tuesday, August 18th will be given a dividend of 0.28 per share by the textile maker on Wednesday, September 30th. This represents a c) annualized dividend and a 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 annually for the last 3 consecutive years.

Weyco Group Stock Performance

Shares of WEYS stock opened at $40.96 on Wednesday. The firm has a market cap of $390.43 million, a price-to-earnings ratio of 16.52 and a beta of 0.88. Weyco Group has a 52 week low of $27.25 and a 52 week high of $41.86. The firm’s 50-day simple moving average is $37.78 and its two-hundred day simple moving average is $34.54.

Weyco Group (NASDAQ:WEYS) last released its 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 firm had revenue of $62.22 million for the quarter.

Weyco Group Company Profile

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.