bebe stores, inc. Announces Quarterly Cash Dividend

Rhea-AI Summary

bebe stores, inc. (OTCQB:BEBE) has declared a quarterly cash dividend of $0.15 per share, payable on December 1, 2022, to shareholders on record as of November 17, 2022. Known for its specialty licensure in fashion apparel, bebe operates in about 100 international stores and online, alongside approximately 60 Buddy’s Home Furnishings franchise stores. This move demonstrates the company's commitment to returning value to shareholders.

Positive

• Quarterly cash dividend declared at $0.15 per share, signaling strong financial health and shareholder return.

Negative

• None.

Board declares quarterly cash dividend of $0.15 per share

SAN FRANCISCO--(BUSINESS WIRE)-- bebe stores, inc. (OTCQB:BEBE) (the “Company”) today announced that its Board of Directors declared a quarterly cash dividend of fifteen cents ($0.15) per share of the Company’s common stock payable December 1, 2022, to shareholders of record as of November 17, 2022.

About bebe stores, inc.

bebe is a global specialty licensor of fashion apparel and accessories that distributes bebe-branded products worldwide through licensees in approximately 100 international stores and online. bebe also owns and operates, through subsidiaries, approximately 60 rent-to-own Buddy’s Home Furnishings franchise stores located in the southeastern U.S., offering furniture, appliances and electronics to consumers through rent-to-own agreements, along with other investments in brand royalty joint ventures.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221103005641/en/

bebe stores, inc.

Gary Bosch, General Counsel & Secretary

Investor-relations@bebe.untd.com

(415) 251-3355

Source: bebe stores, inc.

FAQ

What is the dividend amount for BEBE announced in the press release?

The dividend amount announced is $0.15 per share.

When will the dividend for BEBE be paid?

The dividend will be paid on December 1, 2022.

Who is eligible for the BEBE dividend?

Shareholders of record as of November 17, 2022, are eligible for the dividend.

How often does BEBE pay dividends?

BEBE has declared a quarterly cash dividend, indicating a regular payout schedule.

What business does BEBE engage in?

BEBE is a global specialty licensor of fashion apparel and also operates Buddy’s Home Furnishings.