The Buckle, Inc. announced a special dividend of $2.50 per share and several executive appointments, including Lanae R. Lang, VP of sales, Kari Anne Nickman, VP, assistant general counsel and assistant corporate secretary, and Kevin N. Jennings, VP of marketing.
- Lang has been employed by The Buckle since November 1992 and, most recently, was regional manager.
- Nickman has been employed by Buckle since July 2011 and, most recently, was the assistant general counsel and assistant corporate secretary.
- Jennings was hired as vice president of marketing in November 2023 and brings “significant digital and marketing experience” from various in-house and agency/consulting roles, including, most recently, at Abercrombie & Fitch.
At its quarterly meeting of the Board of Directors, held on December 4, 2023, the Board authorized a $2.50 per share special cash dividend to be paid to shareholders of record at the close of business on January 12, 2024. The Board also authorized a 35 cents per share quarterly dividend to be paid to shareholders of record at the close of business on January 12, 2024. Both the $2.50 per share special cash dividend and the 35 cents per share quarterly dividend ($2.85 per share in total) are payable on January 26, 2024 and will be paid together.
President and Chief Executive Officer Dennis Nelson commented, “Our outstanding and talented teammates are vital to Buckle’s ongoing success. I am grateful to each of our 9,000 teammates for their hard work and dedication to providing our guests with the most enjoyable shopping experience possible every single day. Lanae and Kari are both shining examples of that commitment. We appreciate the impact they have made for our guests and teammates during their outstanding careers and look forward to their continuing leadership. I am also excited to welcome Kevin to the team and for the leadership and strategic guidance he will provide for our incredibly talented marketing team.”
Headquartered in Kearney, NE, Buckle operates 447 retail stores in 42 states, including opening two new stores in New Orleans, LA and Athens, GA, last week.
Photo courtesy of The Buckle, Inc.