Tandy Leather Factory Announces Dividend to Stockholders

Rhea-AI Summary

Tandy Leather Factory (Nasdaq: TLF) declared a special cash dividend of $0.75 per share, payable on or about February 24, 2026 to shareholders of record at the close of trading on February 9, 2026. The board cited recent real-estate and operational changes and referenced a prior $1.50 special dividend paid in February 2025. The company said it will discuss fourth-quarter and full-year results with investors in late February and invites investor questions via its IR contact.

Positive

• Special cash dividend of $0.75 per share declared
• Dividend payable on or about February 24, 2026 to record holders as of Feb 9, 2026

Negative

• None.

BENBROOK, Texas, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. (Nasdaq: TLF) today announced that its Board of Directors had declared the payment of a special cash dividend to its stockholders of $0.75 per share of common stock held. The dividend will be paid on or about February 24, 2026, to stockholders of record at the close of trading on February 9.

Johan Hedberg, Chief Executive Officer of the Company, said, “In February 2025, we paid to our stockholders a special dividend of $1.50 per share following the sale of our headquarters buildings in Fort Worth. After a successful move to our new office and distribution center this summer and the opening of our relocated Fort Worth flagship store in the heart of West 7^th at Artisan Circle in December, we are thrilled to pay an additional $0.75 to shareholders. We look forward to discussing our fourth quarter and full year results with investors in late February.”

Investors are encouraged to send their questions to the Company’s investor relations hotline at investorrelations@tandyleather.com.

Tandy Leather Factory, Inc., (http://www.tandyleather.com), headquartered in Benbrook, Texas, is a specialty retailer of a broad product line, including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company distributes its products through its 101 stores located in 40 US states and six Canadian provinces, including one store located in Spain.  Its common stock trades on the Nasdaq Capital Market under the symbol “TLF”. To be included on Tandy Leather Factory’s email distribution list, go to: http://www.b2i.us/irpass.asp?BzID=1625&to=ea&s=0.

Contact:  Johan Hedberg, Tandy Leather Factory, Inc.,  (817) 872-3200 or johan.hedberg@tandyleather.com

This news release may contain statements regarding future events, occurrences, circumstances, activities, performance, outcomes and results that are considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results and events may differ from those projected as a result of certain risks and uncertainties. These risks and uncertainties include but are not limited to: changes in general economic conditions, negative trends in general consumer-spending levels, failure to realize the anticipated benefits of opening retail stores; availability of hides and leathers and resultant price fluctuations; change in customer preferences for our product, and other factors disclosed in our filings with the Securities and Exchange Commission. These forward-looking statements are made only as of the date hereof, and except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

FAQ

What dividend did Tandy Leather Factory (TLF) declare on February 3, 2026?

Tandy Leather Factory declared a special cash dividend of $0.75 per share, payable on or about February 24, 2026. According to the company, the dividend applies to shareholders of record at the close of trading on February 9, 2026.

When is the record date and payment date for TLF's February 2026 dividend?

The record date is the close of trading on February 9, 2026 and payment is on or about February 24, 2026. According to the company, eligible shareholders on the record date will receive the special cash dividend.

How does the February 2026 TLF dividend compare to the prior special dividend?

The February 2026 dividend is $0.75 per share, smaller than the prior special dividend of $1.50 per share paid in February 2025. According to the company, the earlier payout followed the sale of headquarters buildings in Fort Worth.

Who should TLF investors contact with questions about the special dividend (TLF)?

Investors with questions are encouraged to contact the company's investor relations at investorrelations@tandyleather.com. According to the company, additional investor inquiries can also be directed to the listed phone contact for investor relations.

Will Tandy Leather Factory discuss earnings when announcing the February 2026 dividend?

The company said it will discuss fourth-quarter and full-year results with investors in late February. According to the company, those investor communications will provide broader context beyond the declared special dividend.