Weyco Group hikes dividend by 4.3%

Weyco (WEYS) will raise its quarterly dividend by 4.3 percent to $0.24 per share in 2019. This marks the company's 38th consecutive year of dividend increases.

The next dividend is payable June 29, 2018 to shareholders of record on May 31, 2019. A new annual dividend rate of 96 cents yields 2.8% at a stock price of $33.78.

Weyco Group, Inc., designs and markets footwear for men, women and children. Its brands include Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters and Umi.  The Company's products can be found in footwear, department, and specialty stores worldwide.

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