Build-A-Bear Workshop, Inc.Declares Quarterly Cash Dividend Amid Recent Stock Performance Decline
Build-A-Bear Workshop, Inc.(NYSE: BBW) announced today that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the issued and outstanding common stock of the company.The dividend will be paid on July 11, 2024, to all stockholders of record as of June 27, 2024.
This news comes as Build-A-Bear Workshop Inc shares have declined by -8.18% over the last month, bringing the year-to-date performance to 13.9%. Despite this recent decline, Build-A-Bear Workshop Inc shares are currently trading on the NYSE 3.4% above its 52-week average.
Since its inception in 1997, Build-A-Bear has grown into a beloved multi-generational brand with a mission to add a little more heart to life.The company’s decision to declare a quarterly cash dividend demonstrates its commitment to providing value to its shareholders.
This announcement may come as reassurance to investors amidst the recent stock performance decline.With the dividend payment scheduled for July 11, 2024, shareholders can look forward to additional earnings from their investment in Build-A-Bear Workshop, Inc.
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