Wolverine declares quarterly dividend
The Michigan-based footwear group has announced that its Board of Directors has declared a quarterly cash dividend of 0.10 US dollars per share of common stock
The dividend will be payable on the 2nd of November 2020 to stockholders of record on the 1st of October 2020. The dividend is equal to the last quarterly dividend and reflects an indicated annual dividend of 0.40 US dollars per share.
About Wolverine
Founded in 1883 Wolverine WorldWide, Inc. is one of the world’s leading marketers and licensors of branded casual, active lifestyle, work, outdoor sport, athletic, children's and uniform footwear and apparel. The company’s portfolio includes Merrell, Sperry, Hush Puppies, Saucony, Wolverine, Keds, Stride Rite, Chaco, Bates, and HYTEST. Wolverine Worldwide is also a footwear licensee of brands such as Cat and Harley-Davidson. Based in Rockford, Michigan, for more than 130 years, the company's products are carried by retailers in the US and globally in approximately 170 countries and territories.Image credits: Josh Appel on Unsplash