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

Key Points

• Weyco Group, Inc. declared a quarterly dividend of $0.27 per share, with the ex-dividend date set for August 18th and payments expected by September 30th, reflecting an annual yield of 3.7%.
• The company reported earnings of $0.24 per share and a revenue of $58.22 million in its latest quarter, showcasing a net margin of 10.19%.
• Weyco Group's stock experienced a decline of 1.9%, closing at $28.83, while its market capitalization stands at $276.16 million with a P/E ratio of 9.48.

Weyco Group, Inc. (NASDAQ:WEYS - Get Free Report) declared a quarterly dividend on Tuesday, August 5th, Wall Street Journal reports. Investors of record on Monday, August 18th will be paid a dividend of 0.27 per share by the textile maker on Tuesday, September 30th. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date is Monday, August 18th.

Weyco Group Stock Performance

WEYS stock traded up $0.64 during trading on Friday, hitting $30.00. The stock had a trading volume of 11,182 shares, compared to its average volume of 11,099. The company's 50 day moving average price is $31.69 and its two-hundred day moving average price is $31.84. Weyco Group has a 1-year low of $25.51 and a 1-year high of $41.05. The stock has a market cap of $287.40 million, a price-to-earnings ratio of 11.15 and a beta of 0.98.

Weyco Group (NASDAQ:WEYS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The textile maker reported $0.24 EPS for the quarter. Weyco Group had a net margin of 9.20% and a return on equity of 10.34%. The company had revenue of $58.22 million during the quarter.

Weyco Group Company Profile

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.