Rocky Brands Increases Quarterly Dividend By 10.7%

by Shivani Kumaresan, Benzinga Staff Writer

August 12, 2021 6:13 AM | 27 seconds read |

Rocky Brands Inc's RCKY board of directors has approved an increase in quarterly dividend by $0.015 to $0.155 from the prior rate of $0.14 per share. The amount represents a 10.7% hike in the quarterly dividend.
The increased dividend will be paid on September 16, 2021, to shareholders of record on September 2, 2021.
On August 3, Rocky Brands reported its second-quarter FY21 results, with both revenue and EPS topping estimates.
Price Action: RCKY shares closed lower by 1.71% at $50.54 on Wednesday.