Saucony Inc declares regular cash dividend of $0.050 per share
19 May '05
1 min read
Shoes retailer Saucony Inc announced quarterly cash dividends of $0.050 per share on the company's Class A Common Stock and $0.055 per share on the company's Class B Common Stock. The dividends will be paid on July 14, 2005 to all stockholders of record at the close of business on June 16, 2005.
The company's corporate charter provides that cash dividends paid on the Class B Common Stock be in an amount equal to 110% of the amount paid on the company's Class A Common Stock.
Saucony Inc designs, develops, and markets (i) a broad line of performance-oriented athletic shoes for adults under the Saucony(R) brand name, (ii) athletic apparel under the Hind(R) brand name and (iii) athletic and workplace shoes under the Spot-bilt(R) name.
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