News

Published on 6 Dec 2021 on Market Watch

Buckle's stock surges after $5.65 special dividend declared, quarterly dividend increased


Article preview image

Shares of Buckle Inc. surged 7.6% in premarket trading Monday, after the apparel, footwear and accessories retailer announced a special dividend of $5.65 per share, and an increase in the quarterly dividend to 35 cents a share from 33 cents. The company said shareholders of record on Dec. 20 will be paid both the special and quarterly dividend on Dec. 29. The special dividend represents 12.1% of the stock's closing price of $46.88, while the new annual dividend rate implies a dividend yield of 2.99%. In comparison, the implied dividend yield for the S&P 500 is 1.36%. The stock has gained 17.6% over the past three months through Friday while the S&P 500 has inched up 0.1%.

NYSE.BKE price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
I’m Stocking Up on the Spring Shoe Katie Holmes and Sarah Jessica Parker Wear

Sarto Tinsley Mary Jane Flats are the shoes for you. The versatile style is now under $100, and i...

InStyle via Yahoo News 25 Mar 2024

Pawn shops know something about the US economy that Biden doesn't: Times are still tough

Accumulating pawn shop inventory means fewer buyers than sellers – a sign that for the lowest-inc...

USA Today 24 Mar 2024

Bill Gross Laments ‘Excessive Exuberance’ as Stocks Surge

(Bloomberg) -- Bill Gross warned that investors are in for a bumpy ride as “excessive exuberance”...

Bloomberg via Yahoo Finance 22 Mar 2024

Happy Birthday, Reese Witherspoon! I'm Shopping Her Go-To Clothing Brands, Including Spanx and...

Star features include a moldable footbed, grooved outsole, and thick, buckled straps. Ray-Ban...

InStyle via Yahoo News 22 Mar 2024

S&P 500 Hits a Wall at End of Best Week in 2024: Markets Wrap

(Bloomberg) -- The rally in stocks lost traction Friday, with the market still notching its best ...

Bloomberg via Yahoo Finance 22 Mar 2024

Tory Burch, Kate Spade, and Ugg Are Up to 85% Off at Amazon in Time for Spring

And, as you head to checkout, don’t forget to add this Levi's belt to your cart while it’s $25. K...

InStyle via Yahoo News 21 Mar 2024

UBS maintains sell rating on Buckle stock with $34 target By Investing.com

On Monday, UBS reiterated a Sell rating on Buckle Inc. (NYSE:BKE), with a price target set at...

Investing.com 18 Mar 2024

Meghan Markle Keeps Wearing This Practical Shoe Style We Love for Spring — and No, It's Not Sneakers

The soft lining is in place to absorb sweat and insoles offer extra support. “These shoes are rea...

People via Yahoo News 16 Mar 2024

The Buckle, Inc. (NYSE:BKE) Q4 2023 Earnings Call Transcript

The Buckle, Inc. (NYSE:BKE) Q4 2023 Earnings Call Transcript March 15, 2024 The Buckle, Inc. beat...

Insider Monkey via Yahoo Finance 16 Mar 2024

Buckle Inc (BKE) Faces Sales Decline in Q4 and Fiscal Year 2023

The company, known for its curated mix of high-quality, on-trend apparel, accessories, and footwe...

Guru Focus 15 Mar 2024