Tandy Leather shares surge 20% after-hours as company announces special dividend payable Feb. 24, 2026.

Tandy Leather surged 20% in after-hours trading following the announcement of a special dividend to be paid on or around February 24, 2026, to shareholders of record as of the close of trading on February 9. The move reflects investor optimism about the company's capital return strategy, with the dividend reinforcing confidence in its financial health and commitment to rewarding shareholders. The timing of the ex-dividend date aligns with the stock's after-hours rally, as the payout adds immediate value to equity holders.