The Buckle, Inc. Announces a $2.50 Per Share Special Cash Dividend and a $0.35 Per Share Quarterly Dividend

Rhea-AI Summary

The Buckle (NYSE: BKE) has announced two dividend payments following its quarterly Board of Directors meeting on December 9, 2024. The company will distribute a special cash dividend of $2.50 per share alongside a quarterly dividend of $0.35 per share, totaling $2.85 per share. Both dividends will be paid to shareholders of record as of January 15, 2025, with the payment scheduled for January 29, 2025.

Positive

• Special cash dividend of $2.50 per share indicates strong cash position
• Maintained quarterly dividend of $0.35 per share shows consistent shareholder returns
• Total dividend payout of $2.85 per share demonstrates robust financial health

Negative

• None.

KEARNEY, Neb.--(BUSINESS WIRE)-- The Buckle, Inc. (NYSE: BKE) announced that at its quarterly meeting of the Board of Directors, held on December 9, 2024, the Board authorized a $2.50 per share special cash dividend to be paid to shareholders of record at the close of business on January 15, 2025. The Board also authorized a $0.35 per share quarterly dividend to be paid to shareholders of record at the close of business on January 15, 2025. Both the $2.50 per share special cash dividend and the $0.35 per share quarterly dividend ($2.85 per share in total) are payable on January 29, 2025 and will be paid together.

About Buckle

Buckle is a specialty retailer focused on delivering exceptional service and style through unforgettable experiences. Offering a curated mix of high-quality, on-trend apparel, accessories, and footwear, Buckle is for those living the styled life. Known as a denim destination, each store carries a wide selection of fits, styles, and finishes from leading denim brands, including the Company’s exclusive brand, BKE. Headquartered in Kearney, Nebraska, Buckle currently operates 445 retail stores in 42 states.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: All forward-looking statements made by the Company involve material risks and uncertainties and are subject to change based on factors which may be beyond the Company's control. Accordingly, the Company’s future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Such factors include, but are not limited to, those described in the Company’s filings with the Securities and Exchange Commission. The Company does not undertake to publicly update or revise any forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.

News releases and other information on The Buckle, Inc.
can be accessed at www.buckle.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20241210406944/en/

Thomas B. Heacock, Chief Financial Officer

The Buckle, Inc.

(308) 236-8491

Source: The Buckle, Inc.

FAQ

When will Buckle (BKE) pay its special and quarterly dividend for 2025?

Buckle will pay both the special dividend of $2.50 and quarterly dividend of $0.35 on January 29, 2025.

What is the total dividend amount announced by Buckle (BKE) in December 2024?

The total dividend announced is $2.85 per share, consisting of a $2.50 special dividend and $0.35 quarterly dividend.

What is the record date for Buckle's (BKE) special and quarterly dividend?

The record date for both dividends is January 15, 2025.

How much is Buckle's (BKE) regular quarterly dividend for Q1 2025?

Buckle's regular quarterly dividend is $0.35 per share.