High Materiality8/10
Information
Declares Quarterly Dividend of $0.10 Per Share; ~5% Increase on Annualized Basis Cadre Holdings, Inc. (NYSE:CDRE) ("Cadre" or "the Company"), a global leader in the manufacturing and distribution of safety equipment
Original sourceAI Summary
Cadre Holdings (CDRE) announced a $0.10 quarterly dividend, a 5% increase, reflecting its robust financial health. This is the third consecutive year of dividend increases, which may positively influence investor sentiment and stock performance.
Sentiment Rationale
Historically, dividend increases are well-received, often resulting in stock price appreciation. CDRE's consistent dividend growth could bolster investor confidence and attract new buyers.
Trading Thesis
Invest in CDRE due to improved dividends, suggesting strong financial stability; timing: short-term.
Market-Moving
- 5% dividend increase may drive investor interest in CDRE.
- Quarterly payment scheduled for February 2026 could attract yield-seeking investors.
- Third consecutive dividend increase strengthens bullish investor sentiment.
- Ongoing capital allocation strategy may suggest future growth opportunities.
Key Facts
- CDRE declares $0.10 quarterly dividend, marking a 5% increase.
- Annualized dividend now totals $0.40 per share.
- Increase reflects strong financial position and disciplined capital allocation.
- Dividend payment set for February 13, 2026.
- Third consecutive year of dividend growth for CDRE.
Companies Mentioned
- Cadre Holdings, Inc. (CDRE): Dividend increase signals financial strength and attractive investment.
Corporate Developments
The announcement fits into the 'Corporate Developments' category, reflecting Cadre's commitment to returning value to shareholders while also indicating their financial health and growth strategy.
Declares Quarterly Dividend of $0.10 Per Share; ~5% Increase on Annualized Basis
Cadre Holdings, Inc. (NYSE:CDRE) ("Cadre" or "the Company"), a global leader in the manufacturing and distribution of safety equipment and other related products for the law enforcement, first responder, military and nuclear markets, today announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share, or $0.40 per share on an annualized basis, on the Company's common stock. On an annualized basis, the newly declared cash dividend represents an increase of 2 cents, or approximately 5%, over the previous annualized dividend of $0.38 per share. Cadre's dividend payment will be made on February 13, 2026 to shareholders of record as of the close of business on the record date of January 30, 2026. The declaration of any future dividend is subject to the discretion of the Company's Board of Directors.
Warren B. Kanders, CEO and Chairman of Cadre, said, "We are pleased to have increased Cadre's quarterly dividend for the third consecutive year. This latest increase underscores the strength of our financial position and our disciplined approach to capital allocation. Complementing shareholder returns, we continue to maintain significant flexibility to further our strategy and invest in both core organic growth and M&A objectives that best serve our shareholders."
About Cadre
Headquartered in Jacksonville, Florida, Cadre is a global leader in the manufacturing and distribution of safety products. Cadre's equipment provides critical protection to allow users to safely and securely perform their duties and protect those around them in hazardous or life-threatening situations. The Company's core products include body armor, explosive ordnance disposal equipment, duty gear and nuclear safety products. Our highly engineered products are utilized in over 100 countries by federal, state and local law enforcement, fire and rescue professionals, explosive ordnance disposal teams, and emergency medical technicians. Our key brands include Safariland® and Med-Eng®, amongst others.
Forward-Looking Statements
Please note that in this press release we may use words such as "appears," "anticipates," "believes," "plans," "expects," "intends," "future," and similar expressions which constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are made based on our expectations and beliefs concerning future events impacting the Company and therefore involve a number of risks and uncertainties. We caution that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statements. Potential risks and uncertainties that could cause the actual results of operations or financial condition of the Company to differ materially from those expressed or implied by forward-looking statements in this release, include, but are not limited to, those risks and uncertainties more fully described from time to time in the Company's public reports filed with the Securities and Exchange Commission, including under the section titled "Risk Factors" in the Company's Annual Report on Form 10-K, and/or Quarterly Reports on Form 10-Q, as well as in the Company's Current Reports on Form 8-K. All forward-looking statements included in this press release are based upon information available to the Company as of the date of this press release and speak only as of the date hereof. We assume no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260120260205/en/
Gray Hudkins
Cadre Holdings, Inc.
203 550 7148
gray.hudkins@cadre-holdings.com
Investor Relations:
The IGB Group
Leon Berman / Matt Berkowitz
212 477 8438 / 212 227 7098
lberman@igbir.com / mberkowitz@igbir.com
Media Contact:
Jonathan Keehner / Andrew Siegel
Joele Frank, Wilkinson Brimmer Katcher
212 355 4449