Buckle to Keep Steady Dividend

Fashion retailer Buckle (NYSE: BKE  ) has announced plans to pay investors a dividend [link opens in PDF] of $0.20 per share this quarter.

The company has paid this amount since January 2009, after dropping its payout by a nickel, or 20%, from $0.25 per share. Buckle has also periodically given investors special one-time dividends, most recently paying an additional $4.70 in December 2012.

The latest quarterly dividend will be payable on Oct. 25 to shareholders of record as of Oct. 15. Annualized, Buckle's quarterly payouts add to $0.80 per share of common stock. The company's stock was trading at $53.48 as of the market's close on Sept. 16. As a result, Buckle's dividend currently yields 1.49%.

BKE Dividend Chart

BKE Dividend data by YCharts


Read/Post Comments (2) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On September 23, 2013, at 9:59 AM, ScoopHoop wrote:

    On Dec. 5, 2012, BKE paid $0.20 regular dividend and $4.50 special dividend. This was the highest special dividend paid in company history. I think changing tax laws may have had something to do with it. Company has paid special dividend every year for at least four years. I expect company to pay another special divi this fall. Company has no debt and does not need all the extra cash on hand.

  • Report this Comment On October 03, 2013, at 10:14 AM, paul1942 wrote:

    After reading some of your blogs, it would appear that BKE will again pay out a generous dividend. I will be waiting for BKE to confirm this expected Payment for the month of December 2013. It seems almost unreal to give a large dividend year after year. Go BKE.

Add your comment.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2641819, ~/Articles/ArticleHandler.aspx, 9/21/2014 12:05:45 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement