Callaway Golf Co. has declared a regular quarterly cash dividend of 1 cent per share on its common stock. The Carlsbad-based sporting goods maker said in a statement that the dividend is payable on Sept. 17 to shareholders of record at the close of business on Aug. 20.

The company also declared a regular quarterly cash dividend of $1.875 per share on its 7.5 percent Series B cumulative perpetual convertible preferred stock. The dividend is payable on Sept. 17 to shareholders of record as of Aug. 20.

Callaway trades under the symbol ELY on the New York Stock Exchange.

— Lou Hirsh