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Wolverine World Wide Lifts Dividend



By AP
12 February 2008 @ 06:19 pm EST

ROCKFORD, Mich. - Wolverine World Wide Inc. said Tuesday it raised its quarterly cash dividend by 22.2 percent to 11 cents per share from 9 cents, previously.

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The dividend is payable on May 1 to stockholders of record on April 1, and represents a 44-cent-per-share annual dividend.

Wolverine World Wide markets branded casual, active lifestyle, work, outdoor sport and uniform footwear and apparel under brands including Hush Puppies, Merrell and Sebago.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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