Weyco Group Declares $2.00 Special Dividend
The footwear company will pay the special cash dividend to shareholders of record on November 17, 2026, with payment on January 8, 2027.
Updated on Nov. 3, 2026 in Public Companies
Weyco Group, Inc. declared a special cash dividend of $2.00 per share, totaling approximately $19 million in cash outlay. The Board of Directors declared the dividend on November 3, 2026, and it will be paid alongside the company's regular quarterly dividend.
Why it matters
The payout reflects cash the company has accumulated in excess of what it needs to fund operations and capital expenditures. Weyco said its strong balance sheet and liquidity will allow it to fund organic growth and pursue future strategic opportunities as they arise.
The $2.00 per share special cash dividend totals approximately $19 million in cash outlay, paid alongside the company's regular quarterly dividend. The extraction does not provide a prior-period comparator or the company's remaining cash balance after the payout.
The players
Weyco Group, Inc.
A Milwaukee-based footwear company that designs and markets Florsheim, Nunn Bush, Stacy Adams, and BOGS brands and trades on NASDAQ under the symbol WEYS.
The details
Weyco Group, Inc., which designs and markets footwear under the Florsheim, Nunn Bush, Stacy Adams, and BOGS brands, trades on NASDAQ under the symbol WEYS. The Milwaukee-headquartered company also operates Florsheim stores in the United States, Australia, and South Africa.
Timeline
November 3, 2026: Board of Directors declared the special cash dividend.
November 17, 2026: Record date for shareholders eligible to receive the dividend.
January 8, 2027: Special dividend payment date.
Market Landscape
Companies that return surplus cash through special dividends typically do so when they hold more liquidity than near-term operations and capital spending require. The extraction does not identify a named precedent or competitor comparison for this payout.
Shareholders of record on November 17, 2026 will receive $2.00 per share in addition to the regular quarterly dividend, paid on January 8, 2027. The extraction does not indicate any change to product pricing or availability for shoppers.
The takeaway
Shareholders should note the record date of November 17, 2026, since ownership by that date determines eligibility for the $2.00 per share special dividend. Investors tracking the company can monitor how it deploys remaining cash toward organic growth and future strategic opportunities.
What happens next
The special dividend is scheduled to be paid on January 8, 2027, to shareholders of record as of November 17, 2026.
Further reading
Track more corporate payouts and stock moves in Wisconsin Public Companies.
