Tilly’s Inc. announced today that its Board of Directors has declared a special cash dividend of $1.00 per share, or up to approximately $31 million in the aggregate, on the company’s outstanding Class A and Class B common stock.
This one-time, special dividend is payable on July 9, 2021 to stockholders of record at the close of business on June 25, 2021. The company could not guarantee future dividends.
“We are pleased that our operating results and cash generation amid the pandemic have allowed us to provide another direct return to our stockholders via a special dividend for the fifth consecutive year”
Photo courtesy Tilly’s