Saucony, Inc. (NASDAQ:SCNYA)(NASDAQ:SCNYB) announced today that its board of directors declared regular quarterly cash dividends of $0.040 per share on the company's Class A Common Stock and $0.044 per share on the company's Class B Common Stock. The dividends will be paid on January 15, 2004 to all stockholders of record at the close of business on December 18, 2003. The company's corporate charter provides that cash dividends paid on the Class B Common Stock be in an amount equal to 110% of the amount paid on the company's Class A Common Stock.
