Weyco Group, Inc. (WEYS) To Go Ex-Dividend on August 18th

Weyco Group, Inc. (NASDAQ:WEYS) declared a quarterly dividend on Tuesday, August 4th. Stockholders 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 dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, August 18th.

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

Weyco Group Trading Up 7.2%

NASDAQ:WEYS opened at $43.90 on Thursday. The business’s fifty day moving average price is $37.93 and its 200 day moving average price is $34.63. The firm has a market capitalization of $418.37 million, a price-to-earnings ratio of 12.09 and a beta of 0.88. Weyco Group has a 1-year low of $27.25 and a 1-year high of $44.48.

Weyco Group (NASDAQ:WEYS) last issued its earnings results on Tuesday, August 4th. The textile maker reported $1.39 earnings per share for the quarter. Weyco Group had a return on equity of 14.18% and a net margin of 12.39%.The company 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.