Benzinga | Aug 12, 2021 06:13AM EDT

Rocky Brands Increases Quarterly Dividend By 10.7%

* Rocky Brands Inc's (NASDAQ:RCKY) board of directors has approved an increase in quarterly dividend by $0.015 to $0.155 from the prior rate of $0.14 per share. The amount represents a 10.7% hike in the quarterly dividend.

* The increased dividend will be paid on September 16, 2021, to shareholders of record on September 2, 2021.

* On August 3, Rocky Brands reported its second-quarter FY21 results, with both revenue and EPS topping estimates.

* Price Action: RCKY shares closed lower by 1.71% at $50.54 on Wednesday.