Western Capital Resources, Inc. Declares Cash Dividend for the Fourth Quarter of 2017, Payable on or About February 14, 2018
January 26, 2018 at 03:37 am IST
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Western Capital Resources, Inc. announced that its Board of Directors has declared a cash dividend of $0.05 per share, or $0.20 per common share on an annualized basis, for the fourth quarter of 2017. This dividend declaration represents a doubling of the annualized dividends previous paid to the company’s stockholders. The company expects to pay this dividend on or about February 14, 2018 on all outstanding common shares to holders of record as of the close of business on February 9, 2018.
Western Capital Resources, Inc. is a holding company. The Company's segments are Cellular Retail, Direct to Consumer, Manufacturing and Consumer Finance. The Cellular Retail segment consists of an authorized Cricket Wireless dealer and involves the retail sale of cellular phones and accessories to consumers through its subsidiary PQH Wireless, Inc. and its subsidiaries. The Direct to Consumer segment consists of an online and direct marketing retailer and distributor of live plants, seeds, holiday gifts and garden accessories under the Jackson & Perkins, Park Seed and Wayside Gardens brands, and home improvement and restoration products operating under the Van Dyke's Restorers brand. The Manufacturing segment consists of Swisher Acquisition, Inc., a manufacturer of lawn and garden power equipment and emergency safety shelters. The Consumer Finance segment consists of retail financial services conducted through its subsidiaries, Wyoming Financial Lenders, Inc. and Express Pawn, Inc.
WESTERN CAPITAL RESOURCES, INC. 
