Weyco Group, Inc. (NASDAQ:WEYS – Get Free Report) VP Dustin Combs sold 4,016 shares of the stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $28.81, for a total transaction of $115,700.96. Following the completion of the transaction, the vice president now directly owns 2,150 shares in the company, valued at $61,941.50. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Weyco Group Stock Up 1.6 %
Weyco Group stock opened at $29.70 on Friday. The stock has a market cap of $282.09 million, a P/E ratio of 9.40 and a beta of 0.84. Weyco Group, Inc. has a twelve month low of $21.98 and a twelve month high of $33.70. The company’s 50-day moving average price is $31.65 and its two-hundred day moving average price is $29.38.
Weyco Group Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Friday, March 15th will be issued a $0.25 dividend. The ex-dividend date is Thursday, March 14th. This represents a $1.00 annualized dividend and a yield of 3.37%. Weyco Group’s dividend payout ratio is currently 31.65%.
Institutional Inflows and Outflows
About Weyco Group
Weyco Group, Inc designs and distributes footwear for men, women, and children. It operates in two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced leather dress shoes and casual footwear of man-made materials and leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Forsake brands.
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