Weyco Group, Inc. Announces Quarterly Dividend of $0.26 (NASDAQ:WEYS)

Weyco Group, Inc. (NASDAQ:WEYS) announced a quarterly dividend on Tuesday, March 4th, RTT News reports. Investors of record on Friday, March 14th will be paid a dividend of 0.26 per share by the textile maker on Monday, March 31st. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date of this dividend is Friday, March 14th.

Weyco Group has increased its dividend payment by an average of 2.4% per year over the last three years.

Weyco Group Trading Down 0.0 %

Shares of Weyco Group stock opened at $30.19 on Wednesday. Weyco Group has a 52 week low of $27.05 and a 52 week high of $41.05. The company’s 50-day moving average price is $35.26 and its two-hundred day moving average price is $34.99. The stock has a market cap of $288.58 million, a PE ratio of 10.00 and a beta of 0.71.

Weyco Group (NASDAQ:WEYS) last announced its quarterly earnings data on Tuesday, March 4th. The textile maker reported $1.04 EPS for the quarter. The company had revenue of $80.47 million during the quarter. Weyco Group had a return on equity of 11.52% and a net margin of 9.94%.

Analysts Set New Price Targets

Separately, StockNews.com cut Weyco Group from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 25th.

About Weyco Group

Weyco Group, Inc designs and distributes footwear for men, women, and children. It operates in two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced leather dress shoes and casual footwear of man-made materials and leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Forsake brands.