Wolverine World Wide(NYSE:WWW) Declares Dividend of $0.0600.

Wolverine World Wide (NYSE:WWW) had declared a cash dividend of $0.0600 on Jul 22, 2016. The shares will quote ex-dividend on Sep 29, 2016 and the record date has been fixed for Oct 3, 2016. On Jul 22, 2016 share price, the yield comes out to be 1.0806%. The dividend payable date has been fixed on Nov 1, 2016.

In a different note, On Jul 7, 2016, Susquehanna said it Upgrades its rating on Wolverine World Wide. In the research note, the firm Raises the price-target to $18.00 per share. The shares have been rated ‘Positive’ by the firm. On Apr 27, 2016, Sterne Agee CRT said it Downgrades its rating on Wolverine World Wide. The shares have been rated ‘Underperform’ by the firm.

Wolverine World Wide (WWW) shares turned negative on Thursdays trading session with the shares closing down -0.31 points or -1.25% at a volume of 17,93,462. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $24.7. The peak price level was also seen at $24.7 while the days lowest was $24. Finally the shares closed at $24.48. The 52-week high of the shares is $29.94 while the 52-week low is $14.74. According to the latest information available, the market cap of the company is $2,437 M.

Wolverine World Wide(WWW) last announced its earnings results on May 3, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $577.60M. Analysts had an estimated revenue of $567.47M. Earnings per share were $0.29. Analysts had estimated an EPS of $0.23.

Several Insider Transactions has been reported to the SEC. On Nov 2, 2015, Jeffrey M Boromisa (director) purchased 2,500 shares at $18.49 per share price.Also, On Aug 6, 2015, Michael Jeppesen (Pres., Global Operations Group) sold 15,000 shares at $28.43 per share price.On May 12, 2015, Michael A Volkema (director) sold 6,668 shares at $30.70 per share price, according to the Form-4 filing with the securities and exchange commission.

Wolverine World Wide Inc. is a designer manufacturer and marketer of casual footwear and apparel outdoor and athletic footwear and apparel children’s footwear industrial work boots and apparel and uniform shoes and boots. The Company operates in three operating segments: Lifestyle Group consisting of Sperry Top-Sider footwear and apparel Stride Rite footwear and apparel Hush Puppies footwear and apparel Keds footwear and apparel and Soft Style footwear; Performance Group consisting of Merrell footwear and apparel Saucony footwear and apparel Chaco footwear and Cushe footwear and Heritage Group consisting of Wolverine footwear and apparel Cat footwear Bates uniform footwear Sebago footwear and apparel Harley-Davidson footwear and HyTest safety footwear. The Other category consists of the Company’s multi-brand consumer-direct business leather marketing operations and sourcing operations that include third-party commission revenues.

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