{"id":905513,"date":"2025-11-04T18:34:40","date_gmt":"2025-11-04T23:34:40","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/weyco-group-inc-declares-special-cash-dividend\/"},"modified":"2025-11-04T18:34:40","modified_gmt":"2025-11-04T23:34:40","slug":"weyco-group-inc-declares-special-cash-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/weyco-group-inc-declares-special-cash-dividend\/","title":{"rendered":"Weyco Group, Inc. Declares Special Cash Dividend"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">Milwaukee, Wisconsin&#8212;November 4, 2025&#8212;Weyco Group, Inc. (NASDAQ: WEYS) (the \u201cCompany\u201d) announced that today its Board of Directors declared a special cash dividend of $2.00 per share.\u00a0 The Company\u2019s total cash outlay for this special dividend will be approximately $19 million. The dividend will be paid on January 9, 2026, to shareholders of record at the close of business on November 17, 2025. \u00a0<\/p>\n<p align=\"justify\">\n        <i><br \/>\n          <i>\u201cWe are pleased to announce this return of capital to shareholders,<\/i><br \/>\n        <\/i>\u201d stated Thomas W. Florsheim, Jr., Chairman and CEO.<i><i> \u201cOver the past few years, we have built up cash in excess of what we need to fund operations and capital expenditures.\u00a0 Looking to the future, we anticipate that our strong balance sheet and liquidity will allow us to fund organic growth and pursue future strategic opportunities as they arise.\u00a0 Therefore, we are returning capital to our shareholders in the form of a special cash dividend alongside our regular quarterly dividend.\u201d\u00a0 <\/i><\/i><\/p>\n<p align=\"justify\">\n        <b><br \/>\n          <u><br \/>\n            <b>About Weyco Group<\/b><br \/>\n          <\/u><br \/>\n        <\/b><br \/>\n        <br \/>Weyco Group, Inc., designs and markets quality and innovative footwear principally for men, but also for women and children, under a portfolio of well-recognized brand names including: Florsheim, Nunn Bush, Stacy Adams, and BOGS. The Company\u2019s products can be found in leading footwear, department, and specialty stores, as well as on e-commerce websites worldwide.\u00a0 Weyco Group also operates Florsheim stores in the United States, Australia, and South Africa. <\/p>\n<p align=\"justify\">\n        <b><br \/>\n          <u><br \/>\n            <b>Forward-Looking Statements<\/b><br \/>\n          <\/u><br \/>\n        <\/b><br \/>\n        <br \/>This press release contains certain forward-looking statements within the meaning of the \u201csafe harbor\u201d provisions of the Private Securities Litigation Reform Act of 1995. Various factors could cause our results to be materially different from the results expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the uncertain impacts of U.S. trade and tariff policies \u2013 particularly incremental tariffs on goods sourced from China &#8211; which remain highly dynamic and unpredictable; the impact of inflation generally and, specifically, increases in our costs for materials, labor and other manufacturing inputs; a slow down or contraction in the overall U.S. or Australian economies; our ability to successfully market and sell our products in a highly competitive industry and in view of changing and unpredictable consumer trends; the effect of unseasonable weather conditions on the demand for certain of our products; our ability to successfully procure our products from independent manufacturers on a timely basis; consumer acceptance of products and other factors affecting retail market conditions, changes in interest rates, the uncertain impact of the wars in Ukraine and Israel and the related economic and other sanctions imposed by the U.S. and European Union; and other factors detailed from time to time in our filings made with the Securities and Exchange Commission, including our annual report on Form 10-K filed on March 14, 2025, which are incorporated herein by reference. We undertake no obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.<\/p>\n<p align=\"left\">Milwaukee, WI, Nov.  04, 2025  (GLOBE NEWSWIRE) &#8212; <\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU2ODY0NSM3MjQ0MDM1IzIwMDU4NDI=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/OWU2Y2E3OGQtYjAwMy00NWY4LWI4YjktN2Q5NzBiN2Y0Y2ZiLTEwMTc0MTUtMjAyNS0xMS0wNC1lbg==\/tiny\/Weyco-Group.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>For more information, contact:\r\n\r\nJudy Anderson\r\nVice President, Chief Financial Officer and Secretary\r\n414\u2011908\u20111833<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Milwaukee, Wisconsin&#8212;November 4, 2025&#8212;Weyco Group, Inc. (NASDAQ: WEYS) (the \u201cCompany\u201d) announced that today its Board of Directors declared a special cash dividend of $2.00 per share.\u00a0 The Company\u2019s total cash outlay for this special dividend will be approximately $19 million. The dividend will be paid on January 9, 2026, to shareholders of record at the close of business on November 17, 2025. \u00a0 \u201cWe are pleased to announce this return of capital to shareholders, \u201d stated Thomas W. Florsheim, Jr., Chairman and CEO. \u201cOver the past few years, we have built up cash in excess of what we need to fund operations and capital expenditures.\u00a0 Looking to the future, we anticipate that our strong balance sheet and liquidity will allow &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/weyco-group-inc-declares-special-cash-dividend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Weyco Group, Inc. Declares Special Cash Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-905513","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Weyco Group, Inc. Declares Special Cash Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/weyco-group-inc-declares-special-cash-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Weyco Group, Inc. Declares Special Cash Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Milwaukee, Wisconsin&#8212;November 4, 2025&#8212;Weyco Group, Inc. (NASDAQ: WEYS) (the \u201cCompany\u201d) announced that today its Board of Directors declared a special cash dividend of $2.00 per share.\u00a0 The Company\u2019s total cash outlay for this special dividend will be approximately $19 million. The dividend will be paid on January 9, 2026, to shareholders of record at the close of business on November 17, 2025. \u00a0 \u201cWe are pleased to announce this return of capital to shareholders, \u201d stated Thomas W. Florsheim, Jr., Chairman and CEO. \u201cOver the past few years, we have built up cash in excess of what we need to fund operations and capital expenditures.\u00a0 Looking to the future, we anticipate that our strong balance sheet and liquidity will allow &hellip; Continue reading &quot;Weyco Group, Inc. 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Florsheim, Jr., Chairman and CEO. \u201cOver the past few years, we have built up cash in excess of what we need to fund operations and capital expenditures.\u00a0 Looking to the future, we anticipate that our strong balance sheet and liquidity will allow &hellip; Continue reading \"Weyco Group, Inc. 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