Rocky Brands Declares Quarterly Cash Dividend

Rhea-AI Summary

Rocky Brands, Inc. (NASDAQ: RCKY) has declared a quarterly cash dividend of $0.155 per share, scheduled for payment on June 15, 2022, to shareholders on record by the close of business on June 1, 2022. The board will decide future dividends and related dates on a quarterly basis. Rocky Brands is noted for its premium-quality footwear and apparel brands including Rocky®, Georgia Boot®, and The Original Muck Boot Company®.

Positive

• Quarterly cash dividend of $0.155 per share enhances shareholder income.
• Demonstrates company confidence in financial stability.

Negative

• Future dividend payments are subject to board's quarterly determinations, leading to uncertainty.

NELSONVILLE, Ohio--(BUSINESS WIRE)-- Rocky Brands, Inc. (NASDAQ: RCKY) today announced that its board of directors has declared a quarterly cash dividend of $0.155 per share of outstanding common stock, which will be paid on June 15, 2022 to all shareholders of record as of the close of business on June 1, 2022.

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®, Servus®, NEOS® 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, 2021 (filed March 15, 2022) and quarterly report on Form 10-Q for the period ended March 31, 2022 (filed May 9, 2022). 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/20220516005806/en/

ROCKY BRANDS, INC.



Company Contact:

Thomas D. Robertson

Chief Financial Officer

(740) 753-1951



Investor Relations:

ICR, Inc.

Brendon Frey

(203) 682-8200

Source: Rocky Brands, Inc.

FAQ

What is the dividend amount for RCKY shareholders?

Rocky Brands, Inc. has declared a quarterly cash dividend of $0.155 per share.

When will the RCKY dividend be paid?

The dividend will be paid on June 15, 2022.

What is the record date for the RCKY dividend?

The record date is June 1, 2022.

How often does Rocky Brands declare dividends?

Rocky Brands declares dividends on a quarterly basis, subject to the board's determination.