TEL AVIV (MarketWatch) -- K-Swiss Inc., (KSWS:K-Swiss Inc Cl A)
KSWS 12.44, -0.26, -2.0%) the Westlake Village, Calif., athletic-footwear producer, declared a special dividend of $2 a share, payable Dec. 24 to holders of record Dec. 10. At Sept. 30 the company had more than $290 million of cash on its balance sheet. The special dividend totals $70 million, K-Swiss said. The company also declared its regular quarterly of 5 cents a share, payable Jan. 15 to holders of record Dec. 31
K-Swiss declares special dividend of $2-share - MarketWatch