The Buckle Inc. is giving back to its shareholders.
The specialty retailer said it would pay stockholders of record as of Oct. 14 a special dividend of $2.25 a share on Oct. 27. With about 47.3 million diluted share outstanding, that’s a payout of $106.5 million.
Last December, Buckle paid out a $2.50 special dividend.
The Kearney, Neb.-based firm will also make its regular 20 cent quarterly dividend payment at the same time.
Buckle had cash, cash equivalents and short-term investments of $139.5 million as of July 30.
Buckle’s first-half net earnings rose 12.1 percent to $57 million, or $1.21 a diluted share, as sales gained 12.2 percent to $452.5 million.