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

Weyco Group, Inc. (NASDAQ:WEYS) announced a quarterly dividend on Tuesday, May 5th. Investors of record on Tuesday, May 19th will be paid a dividend of 0.28 per share by the textile maker on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date is Tuesday, May 19th. This is a 3.7% increase from Weyco Group’s previous quarterly dividend of $0.27.

Weyco Group has raised its dividend by an average of 0.3%annually over the last three years and has increased its dividend annually for the last 3 consecutive years.

Weyco Group Price Performance

Shares of WEYS stock opened at $31.80 on Wednesday. The stock has a market capitalization of $303.05 million, a PE ratio of 13.20 and a beta of 0.89. Weyco Group has a 1-year low of $27.25 and a 1-year high of $35.18. The business has a 50-day moving average of $33.00 and a 200 day moving average of $31.72.

Weyco Group (NASDAQ:WEYS) last announced its quarterly earnings results on Tuesday, May 5th. The textile maker reported $0.64 earnings per share for the quarter. Weyco Group had a net margin of 8.36% and a return on equity of 9.35%.

About Weyco Group

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.