Wolverine Worlwide announces quarterly cash dividend
By FashionUnited
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The Directors of Wolverine Worldwide (NYSE: WWW)
declared a quarterly cash dividend of 0.12 dollars per share of common stock.The dividend is payable on February 1, 2013 to stockholders of record on January 2, 2013.
The dividend is equal to the last quarterly dividend and reflects an indicated annual dividend of 0.48 dollars per share.
In November and October, Wolverine Worldwide announced various senior management appointments, being the latest that of Daniel Le Vesconte to the position of Managing Director, Europe, Middle East and Africa (“EMEA”), with responsibility for executing the company’s strategic growth initiatives for this important geographic market.
The EMEA region is one of the largest footwear markets in the world, representing approximately 15 percent of the company’s consolidated revenue.
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