Escalade Increases Quarterly Dividend

August 28, 2013
SGB Update

Escalade, Inc. announced  a quarterly dividend of 9 cents per share, to be paid to all shareholders of record on Sept. 13 and distributed on Sept. 20.
 
Escalade said it has executed on its strategy to grow its profitability and operating income as well as maintaining a strong financial position.  As such, Escalade's board of directors has adopted a dividend policy under which the company intends to pay quarterly cash dividends on its common stock.  Escalade is increasing its quarterly dividend payment from 8 cents per share to 9 cents per share. 

Escalade's board will evaluate the company's dividend policy on an ongoing basis after giving consideration to, among other things, the financial condition of and outlook for the Company and any particular cash flow and financing needs of the company.

“We are pleased to raise our quarterly dividend,” stated Robert J. Keller, president and chief executive officer of Escalade, Inc.  “Strong performance in our Sporting Goods segment continues to generate increased cash flow for the company.”

Escalade Sports, headquartered in Evansville, IN since 1927, is a global manufacturer and distributor of sporting goods and leisure time activity games and a category leader in Table Tennis with the Stiga and Ping-Pong brands, a leader in the darting category driven by the Accudart and Unicorn brands, a leader in sports training equipment including residential in-ground basketball goal systems under the Goalrilla, Goaliath and Silverback brands and a leader in premium playground play-sets with the Woodplay and Childlife brands.

Escalade Increases Quarterly Dividend

June 29, 2012
SGB Update

Escalade, Inc. announced that its board of directors authorized the increase of its quarterly cash dividend payment to 8 cents per share payable July 9, 2012, to all shareholders of record on July 2, 2012.

Escalade said it has executed on its strategy to grow its profitability and operating income as well as maintaining a strong financial position. As such, Escalade's Board of Directors has adopted a dividend policy under which the Company intends to pay quarterly cash dividends on its common stock. Escalade expects the initial annual rate to be 32 cents per share per year, or 8 cents per share quarterly. Escalade's Board of Directors will evaluate the Company's dividend policy on an ongoing basis after giving consideration to, among other things, the financial condition of and outlook for the Company and any particular cash flow and financing needs of the Company.

“This dividend of $0.08 per share reflects our continued confidence in the long-term stability of our Company,” stated Robert J. Keller, President and Chief Executive Officer of Escalade, Inc. “We are pleased with the strength of our balance sheet and excited about opportunities for future growth.”

Escalade is a manufacturer and marketer of sporting goods and information security/print finishing products sold worldwide. Its sporting goods brands include Bear Archery®, Trophy Ridge®, Whisker Biscuit®, STIGA®, Ping-Pong®, Goalrilla™, Goaliath®, Silverback®, Woodplay®, Childlife®, The STEP®, USWeight™, Harvard Game®, Atomic®, Accudart®, Mosconi®, and Mizerak®.

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