Weyco Group declares $2.00 special dividend; ~$19M total
Weyco Group, Inc. declared a special one-time cash dividend of $2.00 per share.
Rhea-AI Filing Summary
Weyco Group, Inc. declared a special one-time cash dividend of $2.00 per share. The Company estimates a total cash outlay of 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. A press release announcing the dividend is included as Exhibit 99.1.
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Insights
One-time $2.00 dividend; ~$19M cash out on Jan 9, 2026.
Weyco Group announced a special cash dividend of $2.00 per share, with an expected aggregate cash outlay of approximately $19,000,000. As a special dividend, this is a discrete distribution rather than a recurring payout.
The payment date is January 9, 2026, and eligibility is set by the shareholder record date of November 17, 2025. This represents a cash outflow from the company to shareholders and does not, by itself, change ownership structure.
Key milestone is the November 17, 2025 record date. Execution is straightforward: holders of record on that date receive the dividend on January 9, 2026.
8-K Event Classification
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.