K-Swiss Declares 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 first quarter ended March 31.

The dividend, which equates to an annualized rate of 6 cents per share, is payable April 14 to shareholders of record as of March 31.

K-Swiss designs footwear for sports and fitness activities.