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 November 1, 2021, to stockholders of record as of October 1, 2021. This dividend matches the previous quarterly amount, signifying an annual dividend of $0.40 per share. Founded in 1883, Wolverine is a major player in the footwear and apparel market, renowned for its diverse brand portfolio, including Merrell, Saucony, and Hush Puppies, sold across approximately 170 countries.

Positive

• Declared quarterly cash dividend of $0.10 per share, consistent with previous quarter.
• Indicates confidence with an annual dividend yield of $0.40 per share, signaling stability.

Negative

• None.

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 November 1, 2021, to stockholders of record on October 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 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/20210804005872/en/

FAQ

What is the amount of the dividend declared by Wolverine Worldwide?

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

When is the dividend payable for Wolverine Worldwide?

The dividend is payable on November 1, 2021.

What are the record dates for Wolverine Worldwide's dividend?

The record date for the dividend is October 1, 2021.

What is the annual dividend of Wolverine Worldwide?

The annual dividend of Wolverine Worldwide is $0.40 per share.