Athletic footwear designer, developer & marketer K-Swiss Inc announced a quarterly cash dividend of $0.05 per share for the second quarter ending June 30, 2005. The dividend, which equates to an annualized rate of $0.20 per share, is payable on July 15, 2005, to stockholders of record as of June 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.
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