Lakeland Industries announced a $0.03 cash dividend for Q3 2026, payable on August 22, 2025.
Quiver AI Summary
Lakeland Industries, Inc., a prominent manufacturer of protective apparel, announced a cash dividend of $0.03 per share for its fiscal third quarter of 2026, which will be disbursed on August 22, 2025, to shareholders recorded by August 15, 2025. The company provides a wide range of protective clothing aimed at various sectors, including industrial, healthcare, and first responders, with a global customer base that includes government agencies and numerous international markets. The press release includes a "Safe Harbor" statement indicating that forward-looking statements made regarding financial performance come with risks and uncertainties.
Potential Positives
- The declaration of a cash dividend demonstrates the company's commitment to returning value to shareholders, indicating a positive financial outlook.
- Paying dividends often reflects a company's strong cash flow and financial stability, which can attract new investors.
- The ongoing global sales efforts, including distribution in over 50 countries, highlight Lakeland's strong market presence and growth potential in diverse industries.
- The company's extensive product line serving crucial sectors such as healthcare, safety, and governmental agencies indicates a broad and stable customer base.
Potential Negatives
- The declared cash dividend of $0.03 per share may indicate limited cash flow or profitability, potentially raising concerns among investors about the company's financial health.
- The press release heavily emphasizes forward-looking statements and associated risks, which might signal uncertainty regarding future performance and could affect investor confidence.
FAQ
What is the declared cash dividend amount by Lakeland Industries for Q3 2026?
Lakeland Industries declared a cash dividend of $0.03 per share for its fiscal third quarter of 2026.
When will the dividend be paid to stockholders?
The dividend will be paid on August 22, 2025, to stockholders of record as of August 15, 2025.
What industries does Lakeland Fire + Safety serve?
Lakeland serves industries including oil, chemical, automotive, transportation, pharmaceutical, and various governmental agencies.
How does Lakeland distribute its products internationally?
Lakeland sells products directly to end-users and through industrial distributors in over 50 countries globally.
Where can I find more information about Lakeland Industries?
More information can be found on Lakeland's website at www.lakeland.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LAKE Insider Trading Activity
$LAKE insiders have traded $LAKE stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $LAKE stock by insiders over the last 6 months:
- JAMES M. JENKINS (President, CEO & Exec. Chair) has made 2 purchases buying 2,565 shares for an estimated $38,070 and 0 sales.
- LAUREL A. YARTZ (Chief Human Resources Officer) purchased 1,000 shares for an estimated $15,970
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$LAKE Hedge Fund Activity
We have seen 46 institutional investors add shares of $LAKE stock to their portfolio, and 24 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WASATCH ADVISORS LP added 995,568 shares (+inf%) to their portfolio in Q1 2025, for an estimated $20,219,986
- FIRST EAGLE INVESTMENT MANAGEMENT, LLC added 196,601 shares (+879.6%) to their portfolio in Q1 2025, for an estimated $3,992,966
- ANCORA ADVISORS LLC added 127,195 shares (+85.1%) to their portfolio in Q1 2025, for an estimated $2,583,330
- RUSSELL INVESTMENTS GROUP, LTD. added 107,753 shares (+1720.2%) to their portfolio in Q1 2025, for an estimated $2,188,463
- MILLENNIUM MANAGEMENT LLC added 99,682 shares (+358.8%) to their portfolio in Q1 2025, for an estimated $2,024,541
- CITADEL ADVISORS LLC added 85,384 shares (+404.6%) to their portfolio in Q1 2025, for an estimated $1,734,149
- ROYCE & ASSOCIATES LP added 79,940 shares (+9.4%) to their portfolio in Q1 2025, for an estimated $1,623,581
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$LAKE Analyst Ratings
Wall Street analysts have issued reports on $LAKE in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Lake Street issued a "Buy" rating on 06/10/2025
- DA Davidson issued a "Buy" rating on 04/15/2025
To track analyst ratings and price targets for $LAKE, check out Quiver Quantitative's $LAKE forecast page.
$LAKE Price Targets
Multiple analysts have issued price targets for $LAKE recently. We have seen 3 analysts offer price targets for $LAKE in the last 6 months, with a median target of $26.0.
Here are some recent targets:
- Mark Smith from Lake Street set a target price of $26.0 on 06/10/2025
- Michael Shlisky from DA Davidson set a target price of $23.0 on 04/15/2025
Full Release
HUNTSVILLE, Ala., Aug. 01, 2025 (GLOBE NEWSWIRE) -- Lakeland Industries, Inc. (“Lakeland Fire + Safety” or “Lakeland”) (NASDAQ: LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders, today announced that its Board of Directors declared a cash dividend for its fiscal third quarter of 2026 of $0.03 per share. The dividend will be paid on August 22, 2025, to stockholders of record as of August 15, 2025.
About Lakeland Fire + Safety
Lakeland Fire + Safety manufactures and sells a comprehensive line of fire services and industrial protective clothing and accessories for the industrial and first responder markets. Our products are sold globally by our in-house sales teams, our customer service group, and authorized independent sales representatives to a strategic global network of selective fire and industrial distributors and wholesale partners. Our authorized distributors supply end users across various industries, such as integrated oil, chemical/petrochemical, automobile, transportation, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high-tech electronics manufacturers, as well as scientific, medical laboratories and the utilities industry. In addition, we supply federal, state and local governmental agencies and departments, including fire and law enforcement, airport crash rescue units, the Department of Defense, the Department of Homeland Security and the Centers for Disease Control. Internationally, we sell to a mix of end-users directly and to industrial distributors, depending on the particular country and market. In addition to the United States, sales are made into more than 50 foreign countries, the majority of which were into China, the European Economic Community ("EEC"), Canada, Chile, Argentina, Russia, Kazakhstan, Colombia, Mexico, Ecuador, India, Uruguay, Middle East, Southeast Asia, Australia, Hong Kong and New Zealand.
For more information about Lakeland, please visit the Company online at www.lakeland.com .
"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995
This press release contains "forward-looking statements" as that phrase is defined in the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, which address Lakeland's expectations of sources or uses for capital, or which express the Company's expectation for the future with respect to financial performance or operating strategies, including statements regarding payment of a quarterly dividend, can be identified as forward-looking statements. Forward-looking statements involve risks, uncertainties and assumptions as described from time to time in Press Releases and Forms 8-K, registration statements, quarterly and annual reports and other reports and filings filed with the Securities and Exchange Commission or made by management. As a result, there can be no assurance that Lakeland's future results will not be materially different from those described herein as "believed," "projected," "planned," "intended," "anticipated," "can," "estimated" or "expected," or other words which reflect the current view of the Company with respect to future events. We caution readers that these forward-looking statements speak only as of the date hereof. The Company hereby expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the Company's expectations or any change in events, conditions or circumstances on which such statement is based, except as may be required by law.
Contacts
Lakeland Fire + Safety
256-600-1390
Roger Shannon
Chief Financial Officer
[email protected]
Investor Relations
Chris Tyson
Executive Vice President
MZ Group - MZ North America
949-491-8235
[email protected]
www.mzgroup.us