Wolverine World Wide, Inc. (WWW) To Go Ex-Dividend on October 1st

Wolverine World Wide, Inc. (NYSE:WWW) announced a quarterly dividend on Monday, August 3rd. Stockholders of record on Thursday, October 1st will be given a dividend of 0.10 per share by the textile maker on Monday, November 2nd. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, October 1st.

Wolverine World Wide has a payout ratio of 29.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect Wolverine World Wide to earn $1.78 per share next year, which means the company should continue to be able to cover its $0.40 annual dividend with an expected future payout ratio of 22.5%.

Wolverine World Wide Price Performance

WWW stock opened at $19.37 on Wednesday. Wolverine World Wide has a one year low of $13.47 and a one year high of $32.80. The company’s fifty day moving average price is $17.77 and its 200-day moving average price is $17.39. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.89 and a current ratio of 1.53. The company has a market capitalization of $1.59 billion, a PE ratio of 15.62 and a beta of 1.73.

Wolverine World Wide (NYSE:WWW) last posted its earnings results on Thursday, May 14th. The textile maker reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.03. The company had revenue of $457.60 million during the quarter, compared to analysts’ expectations of $448.44 million. Wolverine World Wide had a net margin of 5.41% and a return on equity of 29.37%. Wolverine World Wide’s quarterly revenue was up 11.0% on a year-over-year basis. During the same period last year, the company posted $0.18 earnings per share. Wolverine World Wide has set its FY 2026 guidance at 1.430-1.580 EPS. On average, equities analysts anticipate that Wolverine World Wide will post 1.56 EPS for the current fiscal year.

Wolverine World Wide Company Profile

Wolverine World Wide, Inc (NYSE: WWW) is a global footwear and apparel company headquartered in Rockford, Michigan. The company designs, manufactures and markets a diversified portfolio of casual, active and performance lifestyle brands. Wolverine World Wide’s offerings span multiple price points and consumer segments, with products that include outdoor and trail footwear, running shoes, casual sneakers, boat shoes, work boots and related apparel and accessories.

Key brands in Wolverine World Wide’s portfolio include Merrell, an outdoor performance footwear brand; Saucony, known for running shoes and athletic gear; Sperry, which popularized boat shoes; Hush Puppies, a casual and comfort‐oriented line; and Keds, a heritage sneaker label.