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Wolverine Worldwide Declares Quarterly Dividend

ROCKFORD, Mich., April 19, 2012 /PRNewswire/ -- The Directors of Wolverine Worldwide (NYSE: WWW) today declared a quarterly cash dividend of $0.12 per share of common stock. The dividend is payable on August 1, 2012 to stockholders of record on July 2, 2012. The dividend is equal to the last quarterly dividend and reflects an indicated annual dividend of $0.48 per share.

With a commitment to service and product excellence, Wolverine World Wide, Inc. is one of the world's leading marketers of branded casual, active lifestyle, work, outdoor sport and uniform footwear and apparel. The Company's portfolio of highly recognized brands includes: Bates^®, Chaco^®, Cushe^®, Hush Puppies^®, HYTEST^®, Merrell^®, Sebago^®, Soft Style^® and Wolverine^®. The Company also is the footwear licensee of popular brands including CAT^®,Harley-Davidson^® and Patagonia^®. The Company's products are carried by leading retailers in the U.S. and globally in more than 190 countries and territories. For additional information, please visit our website, www.wolverineworldwide.com.