Rocky Brands Declares Quarterly Cash Dividend
Rocky Brands (NASDAQ: RCKY) has announced a quarterly cash dividend of $0.155 per share for its common stockholders. This dividend will be disbursed on June 17, 2024, to shareholders recorded by the close of business on June 3, 2024. The company's board of directors will continue to evaluate and determine future dividends on a quarterly basis. Rocky Brands is known for designing, manufacturing, and marketing high-quality footwear and apparel under various brand names including Rocky®, Georgia Boot®, and Durango®.
- Quarterly cash dividend of $0.155 per share declared.
- Dividend payment scheduled for June 17, 2024.
- Consistent dividend determination indicates financial stability.
- Strong brand portfolio including Rocky®, Georgia Boot®, and Durango®.
- Future dividend declarations are subject to quarterly board decisions, creating uncertainty.
- No specific business growth or financial performance metrics mentioned.
The declaration and payment of future dividends and the establishment of future record dates and payment dates are subject to the quarterly determination of the board of directors.
About Rocky Brands, Inc.
Rocky Brands, Inc. is a leading designer, manufacturer and marketer of premium quality footwear and apparel marketed under a portfolio of well recognized brand names. Brands in the portfolio include Rocky®, Georgia Boot®, Durango®, Lehigh®, The Original Muck Boot Company®, XTRATUF® and Ranger®.
Safe Harbor Language
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Those statements include, but may not be limited to, all statements regarding intent, beliefs, expectations, projections, forecasts, and plans of the Company and its management. These forward-looking statements involve numerous risks and uncertainties, including, without limitation, the various risks inherent in the Company’s business as set forth in periodic reports filed with the Securities and Exchange Commission, including the Company’s annual report on Form 10-K for the year ended December 31, 2023 (filed March 15, 2024) and quarterly report on Form 10-Q for the period ended March 31, 2024 (filed May 9, 2024). One or more of these factors have affected historical results, and could in the future affect the Company’s business and financial results in future periods and could cause actual results to differ materially from plans and projections. Therefore there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, no person should regard the inclusion of such information as a representation that the objectives and plans of the Company will be achieved. All forward-looking statements made in this press release are based on information presently available to the management of the Company. The Company assumes no obligation to update any forward-looking statements.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240521803805/en/
Company Contact:
Thomas D. Robertson Chief Operating Officer, Chief Financial Officer and Treasurer
(740) 753-1951
Investor Relations:
ICR, Inc.
Brendon Frey
(203) 682-8200
Source: Rocky Brands, Inc.
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