Weyco Group, Inc. Declares Special Cash Dividend

Milwaukee, Wisconsin, Nov. 03, 2026 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ: WEYS) (the “Company”) announced that today its Board of Directors declared a special cash dividend of $2.00 per share. The Company’s total cash outlay for this special dividend will be approximately $19 million. The dividend will be paid on January 8, 2027, to shareholders of record at the close of business on November 17, 2026.

“We are pleased to announce this return of capital to our shareholders,” stated Thomas W. Florsheim, Jr., Chairman and CEO. “We continue to build up cash in excess of what we need to fund operations and capital expenditures. Looking to the future, we anticipate that our strong balance sheet and liquidity will allow us to fund organic growth and pursue future strategic opportunities as they arise. Therefore, we are returning capital to our shareholders in the form of a special cash dividend alongside our regular quarterly dividend.”