Wolverine Worldwide Declares Quarterly Dividend

Rhea-AI Summary

Wolverine World Wide, Inc. (NYSE: WWW) has announced a quarterly cash dividend of $0.10 per share, payable on May 1, 2023, to stockholders recorded by April 3, 2023. This maintains the company's previous dividend and results in an annualized dividend of $0.40 per share. Established in 1883, Wolverine is a leading marketer of branded footwear and apparel, including well-known brands like Merrell, Saucony, and Sperry. Their products are distributed in the U.S. and approximately 170 countries worldwide.

Positive

• Quarterly cash dividend of $0.10 per share maintains investor returns.
• Indicated annual dividend of $0.40 per share demonstrates company confidence.

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 1, 2023, to stockholders of record on April 3, 2023. 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®, Saucony®, Sweaty Betty®, Sperry®, HushPuppies®, Wolverine®, 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/20230208005933/en/

Mike Stornant

(616) 866-5728

Source: Wolverine World Wide, Inc.

FAQ

When is the dividend payment date for Wolverine World Wide (WWW)?

The dividend payment date is May 1, 2023.

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

The declared dividend amount is $0.10 per share.

How often does Wolverine World Wide (WWW) pay dividends?

Wolverine World Wide pays dividends quarterly.

What is the record date for the Wolverine World Wide (WWW) dividend?

The record date for the dividend is April 3, 2023.

What does the annual dividend amount to for Wolverine World Wide (WWW)?

The annual dividend amounts to $0.40 per share.