Athletic footwear designer, developers and marketer, K-Swiss Inc announced that the Board of Directors has declared a quarterly cash dividend of $0.05 per share for the fourth quarter ending December 31, 2005.
The dividend, which equates to an annualized rate of $0.20 per share, is payable on January 13, 2006, to shareholders of record as of December 30, 2005.
K-Swiss Inc designs, develops and markets an array of athletic footwear for high performance sports use, fitness activities and casual wear under the K-Swiss brand.
The Company also designs and manufactures footwear under the Royal Elastics brand. Royal Elastics, a wholly owned subsidiary, is the leading innovator of slip-on, laceless footwear.