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    Callaway Golf Declares Quarterly Dividends

    CARLSBAD, Calif., July 24, 2013 /PRNewswire/ -- Callaway Golf Company (NYSE:ELY) declared a regular quarterly cash dividend of $0.01 per share on its Common Stock.  The dividend is payable on September 16, 2013 to shareholders of record at the close of business on August 21, 2013. 

    The Company also declared a regular quarterly cash dividend of $1.875 per share on its 7.50% Series B Cumulative Perpetual Convertible Preferred Stock.  The dividend is payable on September 16, 2013 to shareholders of record as of August 21, 2013. 

    About Callaway Golf
    Through an unwavering commitment to innovation, Callaway Golf Company (NYSE:ELY) creates products designed to make every golfer a better golfer. Callaway Golf Company manufactures and sells golf clubs and golf balls, and sells golf accessories under the Callaway Golf® and Odyssey® brands worldwide. For more information please visit www.callawaygolf.com or shop.callawaygolf.com.

    Contact: Brad Holiday
    Patrick Burke
    (760) 931-1771

    (Logo: http://photos.prnewswire.com/prnh/20091203/CGLOGO)

    SOURCE Callaway Golf