K-Swiss Inc announced that the Board of Directors has declared a quarterly cash dividend of $0.05 per share for the third quarter ending September 30, 2006.
The dividend, which equates to an annualized rate of $0.20 per share, is payable on October 13, 2006, to shareholders of record as of September 29, 2006.
K-Swiss Inc designs, develops and markets an array of athletic footwear for high performance sports use, fitness activities and casual wear under the K-Swiss brand. It also designs and manufactures footwear under the Royal Elastics brand. Royal Elastics, a wholly owned subsidiary, is the leading innovator of slip-on, laceless footwear.
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