Sport-Haley declares cash dividend

26 Apr '06
1 min read

Apparel retailer Sport-Haley Inc has announced that its Board of Directors has approved the issuance of a cash dividend, in the amount of $0.25 per share, payable to all common shareholders of record as of May 5th 2006.

The dividend will be distributed to shareholders by no later than May 19th 2006.

Ronald Norick, Chairman of the Board, stated, "We are pleased to announce that for the first time in the history of Sport-Haley we are issuing a cash dividend to our common shareholders. The Board is pleased with the progress our management team has made with regard to returning the company to profitability and is confident that our business operations will generate sufficient cash to sustain our operating needs for the foreseeable future."

Sport-Haley Inc designs, purchases, contracts for the manufacture of and markets women's and men's fashion golf apparel and outerwear under the SPORT HALEY and Ben Hogan® labels.

Sport-Haley Inc

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