Weyco Group, Inc. (NASDAQ:WEYS - Get Free Report) 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 annualized dividend and a yield of 3.29%. 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 1.7 %
WEYS stock traded down $0.55 on Friday, hitting $31.63. The company had a trading volume of 6,872 shares, compared to its average volume of 12,178. Weyco Group has a 12-month low of $27.05 and a 12-month high of $41.05. The stock's 50-day simple moving average is $35.53 and its 200 day simple moving average is $35.02. The stock has a market cap of $302.35 million, a price-to-earnings ratio of 10.47 and a beta of 0.69.
Weyco Group (NASDAQ:WEYS - Get Free Report) last issued its earnings results on Tuesday, March 4th. The textile maker reported $1.04 earnings per share (EPS) for the quarter. Weyco Group had a net margin of 9.94% and a return on equity of 11.52%. The company had revenue of $80.47 million for the quarter.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut shares of Weyco Group from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, February 25th.
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Weyco Group Company Profile
(
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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.
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