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Wolverine Worldwide Declares Quarterly Dividend

ROCKFORD, Mich., April 20, 2016 /PRNewswire/ -- Wolverine World Wide, Inc. (NYSE: WWW) today announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share of common stock.  The dividend is payable on August 1, 2016, to stockholders of record on July 1, 2016.  The dividend is equal to the last quarterly dividend and reflects an indicated annual dividend of $0.24 per share.

ABOUT WOLVERINE WORLDWIDE
With a commitment to service and product excellence, Wolverine World Wide, Inc. is one of the world's leading marketers of branded casual, active lifestyle, work, outdoor sport, athletic, children's and uniform footwear and apparel.  The Company's portfolio of highly recognized brands includes: Merrell®, Sperry®, Hush Puppies®, Saucony®, Wolverine®, Keds®, Stride Rite®, Sebago®, Chaco®, Bates®, HYTEST®, and Soft Style®.  The Company also is the global footwear licensee of the popular brands Cat® and Harley-Davidson®.  The Company's products are carried by leading retailers in the U.S. and globally in approximately 200 countries and territories.  For additional information, please visit our website, www.wolverineworldwide.com.

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SOURCE Wolverine World Wide, Inc.

Mike Stornant, (616) 866-5728