Reebok BOD approves $0.15 semi-annual cash dividend per share
27 Jul '05
1 min read
Canton based Reebok International Ltd Board of Directors (BOD) declared a semi-annual cash dividend in the amount of $0.15 per share to all common stockholders of record as of August 19, 2005. The dividend, which would equate to $0.30 per share on an annual basis, is payable on September 2, 2005.
Reebok's United Kingdom-based ancestor company was founded for one of the best reasons possible: athletes wanted to run faster. So, in the 1890s, Joseph William Foster made some of the first known running shoes with spikes in them.
By 1895, he was in business making shoes by hand for top runners; and before long his fledgling company, J.W. Foster and Sons, developed an international clientele of distinguished athletes. The family-owned business proudly made the running shoes worn in the 1924 Summer Games by the athletes celebrated in the film "Chariots of Fire".
Reebok International Ltd is a leading worldwide designer, marketer and distributor of sports, fitness and casual footwear, apparel and equipment under the Reebok, Rockport, CCM, JOFA, KOHO and Greg Norman Brands.
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