K-Swiss Reports Quarterly Cash Dividend of 1.5 Cents

The board of directors for K-Swiss Inc. in Westlake Village has declared a quarterly cash dividend of 1.5 cents per share for the fourth quarter ending Dec. 31.

The dividend, which equates to an annualized rate of 6 cents per share, is payable on Jan. 12 to shareholders of record as of Dec. 29.

K-Swiss designs, develops and markets athletic footwear for high-performance sports use and fitness activities.