Wolverine Worldwide Declares Quarterly Dividend

Rhea-AI Summary

Wolverine World Wide (NYSE: WWW) has declared a quarterly cash dividend of $0.10 per share, payable on August 2, 2021, to shareholders on record as of July 1, 2021. This dividend matches the previous quarterly amount, indicating an annual dividend of $0.40 per share. Founded in 1883, Wolverine is a leading marketer of branded footwear and apparel, with a portfolio that includes well-known brands such as Merrell, Sperry, and Hush Puppies.

Positive

• Declared a quarterly cash dividend of $0.10 per share, maintaining investor income.
• Indicated annual dividend of $0.40 per share reflects ongoing profitability.

Negative

• None.

ROCKFORD, Mich., May 05, 2021 (GLOBE NEWSWIRE) -- 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 August 2, 2021, to stockholders of record on July 1, 2021. 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 Merrell®, Sperry®, Hush Puppies®, Saucony®, Wolverine®, Keds®, Stride Rite®, Chaco®, Bates®, and HYTEST®. 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.

CONTACT:	Mike Stornant
	(616) 866-5728

 

FAQ

What is the dividend amount declared by Wolverine World Wide (WWW)?

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

When will the dividend be paid to shareholders of WWW?

The dividend will be payable on August 2, 2021.

What is the record date for the dividend payment for WWW?

The record date for the dividend payment is July 1, 2021.

How does the current dividend compare to past dividends for WWW?

The current dividend of $0.10 per share is equal to the last quarterly dividend.

What is the indicated annual dividend for Wolverine World Wide (WWW)?

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