Weight Watchers International has declared its quarterly cash dividend of US$0.175 per share, which corresponds to an annual dividend rate of $0.70 per share. This quarterly dividend will be payable on July 14, 2006 to shareholders of record at the close of business on June 30, 2006.
The company also announced today that its board of directors has authorised the company to repurchase up to an additional $250m of its common stock under its ongoing stock repurchase programme.