WESTERN CAPITAL RESOURCES, INC. : Other Events (form 8-K)
August 11, 2021 at 04:04 pm EDT
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Item 8.01. Other Events
Western Capital Resources, Inc., a Delaware corporation (OTCQB: WCRS), announced
today that its Board of Directors has declared a quarterly cash dividend of
$0.025 per share, or $0.10 per common share on an annualized basis. The approved
dividend is expected to be paid on September 3, 2021 on all outstanding common
shares to holders of record as of the close of business on August 24, 2021.
Western Capital Resources, Inc. is a holding company. The Company's segments are Cellular Retail, Direct to Consumer, Manufacturing and Consumer Finance. The Cellular Retail segment consists of an authorized Cricket Wireless dealer and involves the retail sale of cellular phones and accessories to consumers through its subsidiary PQH Wireless, Inc. and its subsidiaries. The Direct to Consumer segment consists of an online and direct marketing retailer and distributor of live plants, seeds, holiday gifts and garden accessories under the Jackson & Perkins, Park Seed and Wayside Gardens brands, and home improvement and restoration products operating under the Van Dyke's Restorers brand. The Manufacturing segment consists of Swisher Acquisition, Inc., a manufacturer of lawn and garden power equipment and emergency safety shelters. The Consumer Finance segment consists of retail financial services conducted through its subsidiaries, Wyoming Financial Lenders, Inc. and Express Pawn, Inc.