[2] K-Swiss Declares Fourth Quarter Cash Dividend.WESTLAKE Westlake, city (1990 pop. 27,018), Cuyahoga co., NE Ohio, a suburb of Cleveland; inc. as a city 1956. A growing city, its various manufactures include ink and plastics. VILLAGE, Calif.--(BUSINESS WIRE)--Dec. 16, 1999-- K-Swiss Inc. (Nasdaq/NM:KSWS) today announced that the Board of Directors has declared a quarterly cash dividend of $0.015 per share for the fourth quarter ended December December: see month. 31, 1999. The dividend, which equates to an annual rate of $0.06 per share, is payable on January January: see month. 14, 2000, to shareholders of record as of December 31, 1999. The quarterly cash dividend rate represents a 50% increase over the prior year. In February 1999, the Company announced a two-for-one stock split and a subsequent increase in the quarterly dividend from $0.01 to $0.015 per share effective with the first quarter of 1999. K-Swiss Inc. designs, develops and markets athletic footwear Footwear consists of garments worn on the feet. It is worn for a variety of reasons, including protection against the environment, hygiene and adornment. Usually, socks and other hosiery are worn between the feet and the footwear, except for sandals and flip flops (thongs). for high performance sports use and fitness activities. The Company presently offers footwear for court, casual and children's categories. |
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