Clarus declares quarterly dividend of $0.025 per share

Published 30/07/2025, 21:22
Clarus declares quarterly dividend of $0.025 per share

SALT LAKE CITY - Clarus Corporation (NASDAQ:CLAR), a company focused on outdoor enthusiast markets, announced Wednesday that its board of directors has confirmed a regular quarterly cash dividend of $0.025 per share. The company has maintained dividend payments for 8 consecutive years, with a current annual yield of 2.64%. According to InvestingPro analysis, Clarus appears undervalued at its current market capitalization of $142 million.

The dividend will be paid on August 20, 2025, to stockholders of record as of August 11, 2025.

Clarus, headquartered in Salt Lake City, designs and develops equipment and lifestyle products for outdoor enthusiasts. The company’s products are sold globally under several brand names including Black Diamond, Rhino-Rack, MAXTRAX, TRED Outdoors, and RockyMounts through specialty retailers, online channels, and distributors.

The announcement was made in a company press release.

In other recent news, Clarus Corporation reported its first-quarter 2025 earnings, revealing a 13% decline in net sales compared to the previous year. The company’s revenues amounted to $60.4 million, which fell short of the $76.19 million forecast by analysts. Additionally, Clarus completed the sale of its PIEPS brand and JetForce avalanche pack intellectual property assets to a private investment firm for approximately $9.1 million. This transaction is part of the company’s strategy to streamline operations and refine its product portfolio.

Following its annual stockholders’ meeting, Clarus announced changes to its board of directors. Michael A. Henning and Donald L. House concluded their terms and chose not to stand for re-election, with no disagreements cited as the reason for their departure. The stockholders elected five directors: Warren B. Kanders, Nicholas Sokolow, Susan Ottmann, Roger Werner, and Mark M. Besca. These recent developments reflect Clarus Corporation’s ongoing efforts to adjust its strategic direction and governance structure.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.