MCRAE INDUSTRIES A : McRae Industries, Inc. Dividend Declared
February 27, 2009 at 04:30 pm EST
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MOUNT GILEAD, N.C., Feb. 27 /PRNewswire-FirstCall/ -- McRae Industries,
Inc. (Pink Sheets: MRINA) declared a dividend of $.09 per share on the
Company's Class A Common Stock payable on March 27, 2009 to shareholders of
record on March 13, 2009.
McRae Industries, Inc. is a manufacturer and distributor of childrenâs shoes. The Companyâs principal lines of business are manufacturing and selling military combat boots, western and work boots. The Company is involved in manufacturing, selling and distributing boot products targeted to the western/lifestyle and work boot markets. The Company also operates other smaller businesses. Its western/lifestyle boot segment, which includes western, ladiesâ fashion, and childrenâs footwear products under the Dan Post, Dingo, Eldorado, and Laredo brand names. Its work boot segment, which consists of Dan Post and Laredo work boots, as well as its military combat boots. McRae Footwear is a wholly owned division of the Company, which manufactures boots for the United States military. The Dingo offers boots and shoes from biker/harness styles to western fashion.