K-Swiss Board Declares 2nd-Quarter Cash Dividend
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The board of directors for K-Swiss in Westlake Village has declared a quarterly cash dividend of 15 cents per share for the second quarter ended June 30.
The dividend is payable July 15 to shareholders of record as of June 30.
The quarterly cash dividend rate represents a 50% increase over the previous year. In February, the company announced a two-for-one stock split and a subsequent increase in the quarterly dividend from 1 cent to 15 cents per share, effective in the first quarter of this year.
K-Swiss designs athletic footwear for high-performance sports and fitness activities.
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