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Tilly’s declares special cash dividend

By Prachi Singh

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Board of directors of Tilly’s Inc., has declared a special cash dividend of 1 dollar per share or up to approximately 31 million dollars in the aggregate, on the company’s outstanding Class A and Class B common stock.

“We are pleased that our operating results and cash generation amid the pandemic have allowed us to provide another direct return to our stockholders via a special dividend for the fifth consecutive year,” said Edmond Thomas, the company’s president and chief executive officer.

The company said, this one-time, special dividend is payable on July 9, 2021 to stockholders of record at the close of business on June 25, 2021.

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