Buckle Stock Gains After Special Dividend, 6.1% Dividend Hike

by Shivani Kumaresan, Benzinga Staff Writer

December 6, 2021 8:09 AM | 1 min read |

Buckle Inc BKE announced its Board has authorized a $5.65 per share special cash dividend to be paid to shareholders of record on December 20, 2021.
The Board approved a 6.1% increase in the quarterly dividend to $0.35, payable to shareholders of record at the close of business on December 20, 2021.
The special cash dividend and the quarterly dividend are payable on December 29, 2021, and will be paid together.
Buckle held $480.04 million in cash and equivalents as of October 30, 2021.
Price Action: BKE shares are trading higher by 7.72% at $50.5 in premarket on the last check Monday.