The board of directors of Big 5 Sporting Goods Corporation has declared a quarterly cash dividend of $0.05 per share of outstanding common stock, which will be paid on March 22, 2024, to stockholders of record as of March 8, 2024. This dividend, which represents a reduction from the previous quarterly cash dividend rate of $0.125 per share, reflects the Company?s capital management objective of maintaining a healthy financial condition given the uncertain duration of current macroeconomic challenges.