Weyco Group Declares $2.00 Special Cash Dividend, Payable Jan. 8, 2027
The special dividend totals about $19 million and goes to holders of record at the close of business on Nov. 17, 2026.
Key terms
- Special cash dividend of $2.00 per share, about $19 million in total
- Record date: Nov. 17, 2026
- Payment date: Jan. 8, 2027
- Paid alongside the regular quarterly dividend
Weyco Group Inc (Nasdaq: WEYS) declared a special cash dividend of $2.00 per share, the company said in an 8-K filed Tuesday, Nov. 3, 2026.
The dividend will be paid on Jan. 8, 2027, to shareholders of record at the close of business on Nov. 17, 2026. The company's total cash outlay will be approximately $19 million.
Funding and rationale
Chairman and CEO Thomas W. Florsheim, Jr. said in the company's press release, attached to the filing as Exhibit 99.1, that the company continues to build up cash in excess of what it needs to fund operations and capital expenditures. The company said it expects its balance sheet and liquidity to support organic growth and future strategic opportunities.
Relation to the regular dividend
The special dividend will be paid alongside the company's regular quarterly dividend. The filing does not state the amount of the regular dividend.
The company had $93.7 million in cash and equivalents as of June 30, 2026, according to its latest reported quarter.
The filing does not give an ex-dividend date.
Sources
Written with AI from the company's SEC filing and our market data, and checked against those sources before publishing. Our editorial standards.
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More on Weyco Group
WEYS page →Filings, figures and price history are on the Weyco Group page.