secwatch.observer — SEC 8-K summary
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Issuer:     WEYCO GROUP INC (WEYS)
CIK:        0000106532
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001558370-24-014429
Event type: dividend
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Weyco Group declares special $2.00/sh dividend, ~$19M total outlay
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- Board declared a one-time cash dividend of $2.00 per share on November 5, 2024.
- Total cash outlay approximately $19 million, paid from excess cash on balance sheet.
- Dividend payable January 2, 2025 to shareholders of record November 18, 2024.
- CEO cites strong financial performance and cash buildup beyond operating needs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/106532/000155837024014429/0001558370-24-014429-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/106532/000155837024014429/weys-20241105x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-014429

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