Wolverine Worldwide Declares Quarterly Dividend

Rhea-AI Summary

Wolverine World Wide has announced a quarterly cash dividend of $0.10 per share of common stock, payable on May 5, 2022, to shareholders on record as of April 1, 2022. This dividend maintains the previous quarterly rate, indicating an annual dividend of $0.40 per share. Wolverine, a leading footwear and apparel marketer, operates internationally with a diverse portfolio of brands, including Merrell and Saucony, and has a presence in approximately 170 countries.

Positive

• Declared quarterly cash dividend of $0.10 per share, maintaining previous rate.
• Indicated annual dividend of $0.40 demonstrates stable income for shareholders.
• Strong international market presence across approximately 170 countries.

Negative

• None.

ROCKFORD, Mich.--(BUSINESS WIRE)-- Wolverine World Wide, Inc. (NYSE: WWW) today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share of common stock. The dividend is payable on May 5, 2022, to stockholders of record on April 1, 2022. The dividend is equal to the last quarterly dividend and reflects an indicated annual dividend of $0.40 per share.

ABOUT WOLVERINE WORLDWIDE

Founded in 1883 on the belief in the possibility of opportunity, Wolverine World Wide, Inc. (NYSE:WWW) is one of the world’s leading marketers and licensors of branded casual, active lifestyle, work, outdoor sport, athletic, children's and uniform footwear and apparel. Through a diverse portfolio of highly recognized brands, our products are designed to empower, engage and inspire our consumers every step of the way. The company’s portfolio includes Sweaty Betty®, Merrell®, Saucony®, Sperry®, Hush Puppies®, Wolverine®, Keds®, Chaco®, Bates®, HYTEST®, and Stride Rite®. Wolverine Worldwide is also the global footwear licensee of the popular brands Cat® and Harley-Davidson®. Based in Rockford, Michigan, for more than 130 years, the company's products are carried by leading retailers in the U.S. and globally in approximately 170 countries and territories. For additional information, please visit our website, www.wolverineworldwide.com or visit us on Facebook, LinkedIn, and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220209006080/en/

Mike Stornant

(616) 866-5728

Source: Wolverine World Wide, Inc.

FAQ

What is the dividend amount declared by Wolverine World Wide?

Wolverine World Wide declared a quarterly cash dividend of $0.10 per share.

When is the dividend payable?

The dividend is payable on May 5, 2022.

What is the record date for the dividend?

The record date for the dividend is April 1, 2022.

What is the annual dividend amount for Wolverine World Wide?

The indicated annual dividend for Wolverine World Wide is $0.40 per share.

How many countries does Wolverine World Wide operate in?

Wolverine World Wide operates in approximately 170 countries.