The Michigan-based footwear group has announced that its Board of Directors has declared a quarterly cash dividend of 0.10 US dollars per share of common stock.  The dividend is payable on the 1^st of May 2020, to stockholders of record on the 1^st of April 2020. The dividend is equal to the last quarterly dividend and reflects an indicated annual dividend of 0.40 US dollars per share.

One of the world’s leading marketers and licensors of branded casual, active lifestyle, work, outdoor sport, athletic, children’s and uniform footwear and apparel. The company’s portfolio of brands includes: Merrell, Sperry, Hush Puppies, Saucony, Wolverine, Keds, Stride Rite, Chaco, Bates and HYTEST. The company also is the global footwear licensee of the popular brands Cat and Harley-Davidson. Wolverine’s products are carried by leading retailers in the US and globally in approximately 200 countries and territories.