Clarus Announces $0.025 Per Share Quarterly Dividend

Rhea-AI Summary

Clarus (NASDAQ: CLAR), a global company focused on outdoor enthusiast markets, has declared its regular quarterly cash dividend of $0.025 per share. The dividend will be distributed on November 27, 2024, to stockholders of record as of November 18, 2024.

Positive

• Maintains consistent quarterly dividend payment of $0.025 per share, indicating stable shareholder returns
• Demonstrates financial stability and commitment to shareholder value

Negative

• None.

SALT LAKE CITY, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, announced that its board of directors has confirmed the Company’s regular quarterly cash dividend of $0.025 per share.

The cash dividend will be paid on November 27, 2024, to all stockholders of record as of November 18, 2024.

About Clarus Corporation
Headquartered in Salt Lake City, Utah, Clarus Corporation is a global leader in the design and development of best-in-class equipment and lifestyle products for outdoor enthusiasts. Driven by our rich history of engineering and innovation, our objective is to provide safe, simple, effective and beautiful products so that our customers can maximize their outdoor pursuits and adventures. Each of our brands has a long history of continuous product innovation for core and everyday users alike. The Company’s products are principally sold globally under the Black Diamond^®, Rhino-Rack^®, MAXTRAX^®, TRED Outdoors^® brand names through outdoor specialty and online retailers, our own websites, distributors, and original equipment manufacturers.

Forward-Looking Statements
Please note that in this press release we may use words such as “appears,” “anticipates,” “believes,” “plans,” “expects,” “intends,” “future,” and similar expressions which constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are made based on our expectations and beliefs concerning future events impacting the Company and therefore involve a number of risks and uncertainties. We caution that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statements. Any number of factors could cause actual results to differ materially from projections or forward-looking statements in this press release, including, but not limited to, those risks and uncertainties more fully described from time to time in the Company's public reports filed with the Securities and Exchange Commission, including under the section titled “Risk Factors” in the Company's Annual Report on Form 10-K, and/or Quarterly Reports on Form 10-Q, as well as in the Company’s Current Reports on Form 8-K. All forward-looking statements included in this press release are based upon information available to the Company as of the date of this press release and speak only as of the date hereof. We assume no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release.

Company Contact:
Michael J. Yates
Chief Financial Officer
mike.yates@claruscorp.com

Investor Relations:
The IGB Group
Leon Berman / Matt Berkowitz
Tel 1-212-477-8438 / 1-212-227-7098
lberman@igbir.com / mberkowitz@igbir.com

FAQ

What is the amount of Clarus 's (CLAR) quarterly dividend for Q4 2024?

Clarus 's quarterly dividend for Q4 2024 is $0.025 per share.

When is the payment date for Clarus 's (CLAR) latest dividend?

The dividend payment date is November 27, 2024.

What is the record date for Clarus 's (CLAR) November 2024 dividend?

The record date for the dividend is November 18, 2024.

How often does Clarus (CLAR) pay dividends?

Clarus pays dividends on a quarterly basis.