Tandy Brands Accessories Inc announced that the Board of Directors has increased the Company's regular quarterly dividend 45% to $0.04 per share, payable on April 20, 2007 to shareholders of record on March 30, 2007. The previous quarterly dividend was $0.0275 per share.
J.S.B. Jenkins, President and Chief Executive Officer commented, "We are proud to increase our quarterly dividend payment. Today's announcement by our Board reflects our improved financial position and further reinforces our commitment to enhancing shareholder value."
Tandy Brands Accessories Inc designs, manufactures and markets fashion accessories for men, women and children. Key product categories include belts, wallets, handbags, suspenders, neckwear, gifts and sporting goods.
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