Academy Sports And Outdoors Initiates Quarterly Cash Dividend

• Academy Sports And Outdoors Inc (NASDAQ:ASO) Board of Directors has approved the initiation of a quarterly cash dividend.
• The Board declared an inaugural quarterly cash dividend for the quarter ended January 29, 2022, of $0.075 per share.
• The dividend is payable on April 14, 2022, to stockholders of record on March 17, 2022.
• The company held $401.3 million in cash and equivalents as of October 30, 2021.
• Price Action: ASO shares closed lower by 0.46% at $32.14 on Thursday.