Wolverine Worldwide Announces 33% Increase In Quarterly Dividend

ROCKFORD, Mich., Feb. 8, 2018 /PRNewswire/ -- Wolverine World Wide, Inc. (NYSE: WWW) today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share of common stock.  The quarterly cash dividend represents an increase of over 33% from $0.06 to $0.08 per share of common stock.  The dividend is payable on May 1, 2018, to stockholders of record on April 2, 2018.  

In addition, the Company announced that it expects to report its fourth-quarter 2017 financial results on Wednesday, February 21, 2018, at approximately 6:30 a.m. ET.  Following the press release, the Company will host a conference call at 8:30 a.m. ET to review results and discuss current business trends.

The conference call will be broadcast live and accessible under the "Investor Relations" tab at wolverineworldwide.com.  A replay of the conference call will be available at the Company's website for a period of approximately 30 days.

ABOUT WOLVERINE WORLDWIDE
With a commitment to service and product excellence, Wolverine World Wide, Inc. is one of the world's leading marketers and licensors of branded casual, active lifestyle, work, outdoor sport, athletic, children's and uniform footwear and apparel.  The Company's portfolio of highly recognized brands includes: Merrell®, Sperry®, Hush Puppies®, Saucony®, Wolverine®, Keds®, Stride Rite®, Chaco®, Bates®, and HYTEST®.  The Company also is the global footwear licensee of the popular brands Cat® and Harley-Davidson®.  The Company's products are carried by leading retailers in the U.S. and globally in approximately 200 countries and territories.  For additional information, please visit our website, wolverineworldwide.com.

SOURCE Wolverine World Wide, Inc.

Related Links

http://www.wolverineworldwide.com