Tandy Leather Factory, Inc. Clarifies Ex-Dividend Date for Special Dividend
Tandy Leather Factory (Nasdaq: TLF) has announced a special cash dividend of $1.50 per share of common stock. The dividend will be paid on February 18, 2025, with an ex-dividend date of February 19, 2025. The ex-dividend date was set according to Nasdaq UPC Rule 11140, as the dividend amount exceeds 25% of the company's current stock price.
The company operates as a specialty retailer of leather and related products, with 99 North American stores across 40 US states and six Canadian provinces, plus one store in Spain. Two stores are temporarily closed for relocation. Their product line includes leatherworking tools, buckles, leather dyes, saddle hardware, and DIY kits.
Tandy Leather Factory (Nasdaq: TLF) ha annunciato un dividendo speciale in contanti di $1,50 per azione di azioni ordinarie. Il dividendo sarà pagato il 18 febbraio 2025, con una data ex-dividendo del 19 febbraio 2025. La data ex-dividendo è stata stabilita secondo la Regola 11140 della Nasdaq UPC, poiché l'importo del dividendo supera il 25% del prezzo attuale delle azioni della società.
L'azienda opera come rivenditore specializzato di prodotti in pelle e correlati, con 99 negozi in Nord America distribuiti in 40 stati degli Stati Uniti e sei province canadesi, oltre a un negozio in Spagna. Due negozi sono temporaneamente chiusi per trasferimento. La loro linea di prodotti include strumenti per lavorare la pelle, fibbie, coloranti per pelle, ferramenta per selle e kit fai-da-te.
Tandy Leather Factory (Nasdaq: TLF) ha anunciado un dividendo especial en efectivo de $1.50 por acción de acciones ordinarias. El dividendo se pagará el 18 de febrero de 2025, con una fecha ex-dividendo del 19 de febrero de 2025. La fecha ex-dividendo se estableció de acuerdo con la Regla 11140 de Nasdaq UPC, ya que el monto del dividendo supera el 25% del precio actual de las acciones de la empresa.
La empresa opera como un minorista especializado en productos de cuero y relacionados, con 99 tiendas en América del Norte en 40 estados de EE. UU. y seis provincias canadienses, además de una tienda en España. Dos tiendas están temporalmente cerradas por mudanza. Su línea de productos incluye herramientas para trabajar cuero, hebillas, tintes para cuero, herrajes para sillas y kits de bricolaje.
Tandy Leather Factory (Nasdaq: TLF)는 보통주 1주당 $1.50의 특별 현금 배당금을 발표했습니다. 배당금은 2025년 2월 18일에 지급되며, 배당금 상장일은 2025년 2월 19일입니다. 상장일은 배당금 액수가 회사의 현재 주가의 25%를 초과하기 때문에 Nasdaq UPC 규칙 11140에 따라 설정되었습니다.
회사는 가죽 및 관련 제품의 전문 소매업체로 운영되며, 북미 99개 매장이 40개 미국 주와 6개 캐나다 주에 있으며, 스페인에 하나의 매장이 있습니다. 두 개의 매장은 이전을 위해 일시적으로 폐쇄되었습니다. 이들의 제품 라인에는 가죽 작업 도구, 버클, 가죽 염료, 안장 하드웨어 및 DIY 키트가 포함됩니다.
Tandy Leather Factory (Nasdaq: TLF) a annoncé un dividende exceptionnel en espèces de 1,50 $ par action ordinaire. Le dividende sera payé le 18 février 2025, avec une date ex-dividende fixée au 19 février 2025. La date ex-dividende a été établie conformément à la règle 11140 de la Nasdaq UPC, car le montant du dividende dépasse 25% du prix actuel de l'action de l'entreprise.
L'entreprise opère en tant que détaillant spécialisé dans les produits en cuir et connexes, avec 99 magasins en Amérique du Nord répartis sur 40 États américains et six provinces canadiennes, ainsi qu'un magasin en Espagne. Deux magasins sont temporairement fermés pour déménagement. Leur gamme de produits comprend des outils de travail du cuir, des boucles, des teintures pour cuir, du matériel de selle et des kits de bricolage.
Tandy Leather Factory (Nasdaq: TLF) hat eine sonstige Barausschüttung von 1,50 $ pro Stammaktie angekündigt. Die Ausschüttung wird am 18. Februar 2025 gezahlt, mit einem Ex-Dividenden-Datum am 19. Februar 2025. Das Ex-Dividenden-Datum wurde gemäß der Nasdaq UPC-Regel 11140 festgelegt, da der Ausschüttungsbetrag 25% des aktuellen Aktienkurses des Unternehmens übersteigt.
Das Unternehmen operiert als Fachhändler für Lederwaren und verwandte Produkte, mit 99 Nordamerika-Geschäften in 40 US-Bundesstaaten und sechs kanadischen Provinzen sowie einem Geschäft in Spanien. Zwei Geschäfte sind vorübergehend wegen Umzugs geschlossen. Ihre Produktpalette umfasst Werkzeuge zur Lederbearbeitung, Schnallen, Lederfarben, Sattelzubehör und DIY-Sets.
- Special cash dividend of $1.50 per share announced
- Extensive retail presence with 99 North American stores and 1 in Spain
- Broad geographic coverage across 40 US states and 6 Canadian provinces
- Two stores temporarily closed for relocation
FORT WORTH, Texas, Jan. 31, 2025 (GLOBE NEWSWIRE) -- On January 29, 2025, Tandy Leather Factory, Inc. (the “Company”, Nasdaq: TLF) announced that its Board of Directors had declared the payment of a special cash dividend to its stockholders of
Because the dividend amount is more than
Tandy Leather Factory, Inc. (http://www.tandyleather.com), headquartered in Fort Worth, Texas, is a specialty retailer of a broad product line, including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company distributes its products through its 99 North American stores (including two temporarily closed for relocation) located in 40 US states and six Canadian provinces, and one store located in Spain. Its common stock trades on the Nasdaq Capital Market under the symbol “TLF”. To be included on Tandy Leather Factory's email distribution list, go to: http://www.b2i.us/irpass.asp?BzID=1625&to=ea&s=0.
Contact: Jeff Gramm, Tandy Leather Factory, Inc. (817) 872-3200 or jeff@banderapartners.com
This news release may contain statements regarding future events, occurrences, circumstances, activities, performance, outcomes and results that are considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results and events may differ from those projected as a result of certain risks and uncertainties. These risks and uncertainties include but are not limited to: changes in general economic conditions, negative trends in general consumer-spending levels, failure to realize the anticipated benefits of opening retail stores; availability of hides and leathers and resultant price fluctuations; change in customer preferences for our product, and other factors disclosed in our filings with the Securities and Exchange Commission. These forward-looking statements are made only as of the date hereof, and except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
FAQ
When will TLF pay its special dividend of $1.50 per share?
What is the ex-dividend date for TLF's special dividend?
Why was TLF's ex-dividend date set after the payment date?
How many retail stores does TLF operate as of January 2025?
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