Wolverine World Wide, Inc. (WWW) to Issue Quarterly Dividend of $0.10 on August 3rd

Wolverine World Wide, Inc. (NYSE:WWW) declared a quarterly dividend on Wednesday, May 6th. Investors of record on Wednesday, July 1st will be paid a dividend of 0.10 per share by the textile maker on Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Wednesday, July 1st.

Wolverine World Wide has a payout ratio of 29.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Wolverine World Wide to earn $1.71 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 23.4%.

Wolverine World Wide Stock Performance

Shares of NYSE WWW opened at $17.03 on Friday. The stock has a fifty day moving average price of $16.99 and a two-hundred day moving average price of $17.98. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.87 and a current ratio of 1.40. The firm has a market cap of $1.40 billion, a P/E ratio of 15.07 and a beta of 1.75. Wolverine World Wide has a 1 year low of $13.47 and a 1 year high of $32.80.

Wolverine World Wide (NYSE:WWW) last issued its quarterly earnings results on Thursday, February 26th. The textile maker reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. The firm had revenue of $517.50 million during the quarter, compared to analyst estimates of $510.49 million. Wolverine World Wide had a return on equity of 29.84% and a net margin of 5.06%.The firm’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period last year, the company posted $0.40 EPS. Wolverine World Wide has set its FY 2026 guidance at 1.350-1.500 EPS. Research analysts forecast that Wolverine World Wide will post 1.46 EPS for the current fiscal year.

Wolverine World Wide Company Profile

Wolverine World Wide, Inc (NYSE: WWW) is a global footwear and apparel company headquartered in Rockford, Michigan. The company designs, manufactures and markets a diversified portfolio of casual, active and performance lifestyle brands. Wolverine World Wide’s offerings span multiple price points and consumer segments, with products that include outdoor and trail footwear, running shoes, casual sneakers, boat shoes, work boots and related apparel and accessories.

Key brands in Wolverine World Wide’s portfolio include Merrell, an outdoor performance footwear brand; Saucony, known for running shoes and athletic gear; Sperry, which popularized boat shoes; Hush Puppies, a casual and comfort‐oriented line; and Keds, a heritage sneaker label.