Weyco Group, Inc. designs and distributes footwear for men, women, and children. It operates through 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 or leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, and Rafters brand names. It is also involved in the wholesale of its products to approximately 10,000 footwear, department, and specialty stores, as well as e-commerce retailers. As of December 31, 2021, the company had four brick and mortar retail stores in the United States. In addition, it has licensing agreements with third parties, who sell its branded apparel, accessories, and specialty footwear. It serves in the United States, Canada, Europe, Australia, Asia, and South Africa. The company was formerly known as Weyenberg Shoe Manufacturing Company and changed its name to Weyco Group, Inc. in April 1990. Weyco Group, Inc. was incorporated in 1906 and is based in Milwaukee, Wisconsin.
Weyco Dividend Announcement
• Weyco announced a quarterly dividend of $2.26 per ordinary share which will be made payable on 2025-01-02. Ex dividend date: 2024-11-18
• Weyco annual dividend for 2024 was $3.03
• Weyco annual dividend for 2023 was $0.99
• Weyco's trailing twelve-month (TTM) dividend yield is 8.12%
• Weyco's payout ratio for the trailing twelve months (TTM) is 33.31%
• Weyco's dividend growth over the last five years (2018-2023) was 1.70% year
• Weyco's dividend growth over the last ten years (2013-2023) was 6.25% year
Weyco Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-18 | $2.26 | quarterly | 2025-01-02 |
2024-08-19 | $0.26 | quarterly | 2024-09-30 |
2024-05-16 | $0.26 | quarterly | 2024-06-28 |
2024-03-14 | $0.25 | quarterly | 2024-03-29 |
2023-11-24 | $0.25 | quarterly | 2024-01-02 |
2023-08-24 | $0.25 | quarterly | 2023-09-29 |
2023-05-25 | $0.25 | quarterly | 2023-06-30 |
2023-03-16 | $0.24 | quarterly | 2023-03-31 |
2022-11-25 | $0.24 | quarterly | 2023-01-03 |
2022-08-25 | $0.24 | quarterly | 2022-09-30 |
2022-05-26 | $0.24 | quarterly | 2022-06-30 |
2022-03-17 | $0.24 | quarterly | 2022-03-31 |
2021-11-26 | $0.24 | quarterly | 2021-12-31 |
2021-08-26 | $0.24 | quarterly | 2021-09-30 |
2021-05-27 | $0.24 | quarterly | 2021-06-30 |
2021-03-18 | $0.24 | quarterly | 2021-03-31 |
2020-11-27 | $0.24 | quarterly | 2020-12-31 |
2020-08-27 | $0.24 | quarterly | 2020-09-30 |
2020-05-28 | $0.24 | quarterly | 2020-06-30 |
2020-03-19 | $0.24 | quarterly | 2020-03-31 |
2019-11-27 | $0.24 | quarterly | 2020-01-02 |
2019-08-28 | $0.24 | quarterly | 2019-09-30 |
2019-05-30 | $0.24 | quarterly | 2019-06-28 |
2019-03-14 | $0.23 | quarterly | 2019-03-29 |
2018-11-30 | $0.23 | quarterly | 2019-01-02 |
2018-08-28 | $0.23 | quarterly | 2018-09-28 |
2018-05-24 | $0.23 | quarterly | 2018-06-29 |
2018-03-15 | $0.22 | quarterly | 2018-03-30 |
2017-12-01 | $0.22 | quarterly | 2018-01-02 |
2017-08-28 | $0.22 | quarterly | 2017-09-29 |
2017-05-24 | $0.22 | quarterly | 2017-06-30 |
2017-03-16 | $0.21 | quarterly | 2017-03-31 |
2016-12-01 | $0.21 | quarterly | 2017-01-02 |
2016-08-25 | $0.21 | quarterly | 2016-09-30 |
2016-05-25 | $0.21 | quarterly | 2016-06-30 |
2016-03-17 | $0.20 | quarterly | 2016-03-31 |
2015-12-07 | $0.20 | quarterly | 2016-01-04 |
2015-08-26 | $0.20 | quarterly | 2015-09-30 |
2015-05-27 | $0.20 | quarterly | 2015-06-30 |
2015-03-12 | $0.19 | quarterly | 2015-03-31 |
2014-12-05 | $0.19 | quarterly | 2015-01-02 |
2014-08-27 | $0.19 | quarterly | 2014-09-30 |
2014-05-28 | $0.19 | quarterly | 2014-06-30 |
2014-03-13 | $0.18 | quarterly | 2014-03-31 |
2013-12-06 | $0.18 | quarterly | 2014-01-02 |
2013-08-28 | $0.18 | quarterly | 2013-09-30 |
2013-05-29 | $0.18 | quarterly | 2013-07-01 |
Weyco Dividend per year
Weyco Dividend growth
Weyco Dividend Yield
Weyco current trailing twelve-month (TTM) dividend yield is 8.12%. Interested in purchasing Weyco stock? Use our calculator to estimate your expected dividend yield:
Weyco Financial Ratios
Weyco Dividend FAQ
Other factors to consider when evaluating Weyco as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Weyco's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Weyco publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Weyco distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Weyco are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Weyco sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Weyco distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Weyco declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Weyco's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Weyco's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.