BEBE - Bebe stores whacks dividend by 87% to $0.02 amid increased investments in existing Buddy's store and higher interest payment
- bebe stores ( OTC:BEBE ) declares $0.02/share quarterly dividend , -86.7% decrease from prior dividend of $0.15.
- Forward yield 1.67%
- Payable March 3; for shareholders of record Feb. 17; ex-div Feb. 16.
- The primary constraints to the Company’s cash flow that led to a lower dividend this quarter were increased investments in existing Buddy’s store operations and higher debt servicing expenses.
- The Company believes these investments in operations will increase its long-term earnings potential and have a positive effect on future cash flows and dividends.
- See BEBE Dividend Scorecard, Yield Chart, & Dividend Growth.
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Bebe stores whacks dividend by 87% to $0.02 amid increased investments in existing Buddy’s store and higher interest payment