Weyco Group, Inc. (NASDAQ:WEYS) Plans Quarterly Dividend of $0.27

Weyco Group, Inc. (NASDAQ:WEYS) announced a quarterly dividend on Tuesday, November 4th. Stockholders of record on Monday, November 17th will be given a dividend of 0.27 per share by the textile maker on Friday, January 9th. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Monday, November 17th.

Weyco Group has increased 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 Stock Performance

Weyco Group stock traded up $1.29 during midday trading on Wednesday, reaching $29.49. The stock had a trading volume of 221 shares, compared to its average volume of 13,801. Weyco Group has a twelve month low of $25.51 and a twelve month high of $41.05. The stock has a market capitalization of $281.30 million, a PE ratio of 10.96 and a beta of 0.98. The stock’s 50-day simple moving average is $29.71 and its 200 day simple moving average is $30.70.

Weyco Group (NASDAQ:WEYS) last issued its quarterly earnings data on Tuesday, November 4th. The textile maker reported $0.69 EPS for the quarter. The company had revenue of $73.12 million for the quarter. Weyco Group had a return on equity of 10.34% and a net margin of 9.20%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Weyco Group in a research note on Wednesday, October 8th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

About Weyco Group

Weyco Group, Inc designs and distributes footwear for men, women, and children. It operates in two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced leather dress shoes and casual footwear of man-made materials and leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Forsake brands.