Buckle : Announces a $1.00 Per Share Special Cash Dividend and an 8.7 Percent Increase in Regular Quarterly Dividend
December 08, 2015 at 07:01 am EST
Share
The Buckle, Inc. (NYSE: BKE) announced that at its quarterly meeting of
the Board of Directors, held on December 7, 2015, the Board authorized a
$1.00 per share special cash dividend to be paid to shareholders of
record at the close of business on January 15, 2016. The Board also
authorized a $0.25 per share quarterly dividend to be paid to
shareholders of record at the close of business on January 15, 2016.
This represents an increase of $0.02 per share, or 8.7 percent, in the
Company’s regular quarterly dividend rate. Both the $1.00 per share
special cash dividend and the $0.25 per share regular quarterly dividend
are payable on January 27, 2016 and will be paid together.
About Buckle
Offering a unique mix of high-quality, on-trend apparel, accessories,
and footwear, Buckle caters to fashion-conscious young men and women.
Known as a denim destination, each store carries a wide selection of
fits, styles, and finishes from leading denim brands, including the
Company’s exclusive brand, BKE. Headquartered in Kearney, Nebraska,
Buckle currently operates 469 retail stores in 44 states.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995; All forward-looking statements made by the Company involve
material risks and uncertainties and are subject to change based on
factors which may be beyond the Company's control. Accordingly, the
Company's future performance and financial results may differ materially
from those expressed or implied in any such forward-looking statements.
Such factors include, but are not limited to, those described in the
Company's filings with the Securities and Exchange Commission. The
Company does not undertake to publicly update or revise any
forward-looking statements even if experience or future changes make it
clear that any projected results expressed or implied therein will not
be realized.
News releases and other information about The Buckle, Inc. can be found
on the Internet at www.buckle.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151208005217/en/
The Buckle, Inc. is a retailer of casual apparel, footwear and accessories. The Company operates approximately 441 retail stores in 42 states throughout the United States. It markets a wide selection of casual apparel including denim, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear. The Company offers denim from brands, such as Miss Me, Rock Revival, KanCan, Hidden, Flying Monkey, Levi's, Preme, Smoke Rise, Ariat, Good American, and Wrangler. Its other brands include Hurley, Billabong, Affliction, American Fighter, Sullen, Howitzer, Oakley, Fox, RVCA, 7 Diamonds, Nixon, Free People, Z Supply, Salt Life, White Crow, Brew City, Reef, Stance, Versace Cologne, American Highway, Eight X, Pendelton, Hooey, Goorin Bros., Old Row, Timberland, Teva, Kimes Ranch, SOREL, Hey Dude, Steve Madden, Dolce Vita, SAXX, Ray-Ban, Wanakome, Guess, Fossil, Brixton, Dr. Martens, Very G, Birkenstock, Bed Stu, Palladium, Mia, K-Swiss, Myra, STS and G-Shock.