Tandy Leather Factory declared a $0.75 special cash dividend, payable on February 24, 2026, with an adjusted ex-dividend date.
Quiver AI Summary
On February 3, 2026, Tandy Leather Factory, Inc. announced a special cash dividend of $0.75 per share for its stockholders, set to be paid on or about February 24, 2026. The ex-dividend date will be February 25, 2026, as the dividend exceeds 25% of the current market price of the company’s stock. Tandy Leather, a specialty retailer based in Fort Worth, Texas, operates 101 stores across North America and one in Spain, offering products such as leather, tools, and do-it-yourself kits. The company's stock trades on the Nasdaq under the symbol "TLF." The press release also includes a disclaimer regarding forward-looking statements, cautioning about risks and uncertainties that may affect future outcomes.
Potential Positives
- Declaration of a special cash dividend of $0.75 per share indicates strong financial health and commitment to returning value to shareholders.
- The dividend amount is over 25% of the current market price, which may attract investor interest and positively impact stock performance.
- The scheduled payment date of February 24, 2026, provides a clear timeline for investors, enhancing transparency and trust in the company's operations.
Potential Negatives
- The declaration of a special cash dividend that significantly exceeds 25% of the current market price may indicate financial strain or the inability to reinvest in the business effectively.
- The reliance on dividend payments could be interpreted as a lack of growth opportunities, raising concerns among investors about the company's future profitability and strategy.
- Forward-looking statements highlight several risks and uncertainties, including potential negative trends in consumer spending and changing customer preferences, which could impact future performance.
FAQ
What is the special cash dividend announced by Tandy Leather Factory?
Tandy Leather Factory announced a special cash dividend of $0.75 per share for its stockholders, payable on approximately February 24, 2026.
When will the ex-dividend date occur for Tandy Leather Factory's dividend?
The ex-dividend date for Tandy Leather Factory's special cash dividend will be February 25, 2026.
What factors might affect Tandy Leather Factory's forward-looking statements?
Factors such as economic conditions, consumer spending trends, and changes in product preferences may affect Tandy Leather Factory's forward-looking statements.
Where can I find Tandy Leather Factory's products?
Tandy Leather Factory products are available in 101 North American stores and one store located in Spain.
What is Tandy Leather Factory's stock trading symbol?
Tandy Leather Factory's common stock trades on the Nasdaq Capital Market under the symbol "TLF".
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.
$TLF Revenue
$TLF had revenues of $17.3M in Q3 2025. This is a decrease of -0.5% from the same period in the prior year.
You can track TLF financials on Quiver Quantitative's TLF stock page.
$TLF Hedge Fund Activity
We have seen 7 institutional investors add shares of $TLF stock to their portfolio, and 7 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ROYAL BANK OF CANADA removed 34,000 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $102,000
- UBS GROUP AG removed 15,231 shares (-99.3%) from their portfolio in Q4 2025, for an estimated $41,732
- VALUES FIRST ADVISORS, INC. removed 10,348 shares (-19.6%) from their portfolio in Q4 2025, for an estimated $28,353
- RENAISSANCE TECHNOLOGIES LLC added 8,655 shares (+71.5%) to their portfolio in Q3 2025, for an estimated $25,965
- VANGUARD GROUP INC added 3,981 shares (+2.9%) to their portfolio in Q4 2025, for an estimated $10,907
- CITADEL ADVISORS LLC added 2,252 shares (+15.1%) to their portfolio in Q3 2025, for an estimated $6,756
- MONEY CONCEPTS CAPITAL CORP removed 1,435 shares (-1.7%) from their portfolio in Q4 2025, for an estimated $3,931
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
FORT WORTH, Texas, Feb. 06, 2026 (GLOBE NEWSWIRE) -- On February 3, 2026, Tandy Leather Factory, Inc. (the “Company”, Nasdaq: TLF) announced that its Board of Directors had declared the payment of a special cash dividend to its stockholders of $0.75 per share of common stock held. The dividend will be paid on or about February 24, 2026.
Because the dividend amount is more than 25% of the current market price of the Company’s common stock, the ex-dividend date will be February 25, 20265, in accordance with Nasdaq UPC Rule 11140. On that date, the Company’s common stock will begin trading without the right to receive the special dividend, and the price will be adjusted accordingly.
Tandy Leather Factory, Inc. (http://www.tandyleather.com), headquartered in Fort Worth, Texas, is a specialty retailer of a broad product line, including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company distributes its products through its 101 North American stores located in 40 US states and six Canadian provinces, and one store located in Spain. Its common stock trades on the Nasdaq Capital Market under the symbol “TLF”. To be included on Tandy Leather Factory's email distribution list, go to: http://www.b2i.us/irpass.asp?BzID=1625&to=ea&s=0.
Contact: Jeff Gramm, Tandy Leather Factory, Inc. (817) 872-3200 or [email protected]
This news release may contain statements regarding future events, occurrences, circumstances, activities, performance, outcomes and results that are considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results and events may differ from those projected as a result of certain risks and uncertainties. These risks and uncertainties include but are not limited to: changes in general economic conditions, negative trends in general consumer-spending levels, failure to realize the anticipated benefits of opening retail stores; availability of hides and leathers and resultant price fluctuatio ns; change in customer preferences for our product, and other factors disclosed in our filings with the Securities and Exchange Commission. These forward-looking statements are made only as of the date hereof, and except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
