Krispy Kreme Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Krispy Kreme (NASDAQ: DNUT) has declared a quarterly cash dividend of $0.035 per share of common stock. This decision, made on December 6, 2021, highlights the company's commitment to returning value to shareholders. The dividend will be paid on February 9, 2022, to shareholders of record as of January 26, 2022. This announcement reinforces Krispy Kreme's ongoing strategy to enhance shareholder returns, reflecting confidence in the company's financial health and operational stability.

Positive

• Quarterly cash dividend of $0.035 per share declared.
• Dividend reflects a commitment to returning value to shareholders.
• Payment date set for February 9, 2022, indicating stable cash flow.

Negative

• None.

CHARLOTTE, N.C.--(BUSINESS WIRE)-- The Board of Directors of Krispy Kreme, Inc. (the “Company” or “Krispy Kreme”) (NASDAQ: DNUT) today announced a quarterly cash dividend of $0.035 per share of common stock, in accordance with the Company’s dividend policy. The dividend, declared Monday, December 6, 2021, will be paid on February 9, 2022, to shareholders of record on January 26, 2022.

About Krispy Kreme

Headquartered in Charlotte, N.C., Krispy Kreme is one of the most beloved and well-known sweet treat brands in the world. Our iconic Original Glazed® doughnut is universally recognized for its hot-off-the-line, melt-in-your-mouth experience. Krispy Kreme operates in over 30 countries through its unique network of doughnut shops, partnerships with leading retailers, and a rapidly growing ecommerce and delivery business. Our purpose of touching and enhancing lives through the joy that is Krispy Kreme guides how we operate every day and is reflected in the love we have for our people, our communities and the planet. Connect with Krispy Kreme Doughnuts at www.KrispyKreme.com, or on one of its many social media channels, including www.Facebook.com/KrispyKreme, and www.Twitter.com/KrispyKreme.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211209005186/en/

Investor Relations

Rob Ballew, Head of Investor Relations

rballew@krispykreme.com

Financial Media

Edelman for Krispy Kreme, Inc.

Allie McLarty & Ashley Firlan, KrispyKremeIR@edelman.com

Source: Krispy Kreme, Inc.

FAQ

What is the dividend amount declared by Krispy Kreme?

Krispy Kreme declared a quarterly cash dividend of $0.035 per share.

When will the Krispy Kreme dividend be paid?

The dividend will be paid on February 9, 2022.

What is the record date for Krispy Kreme's dividend?

The record date for the dividend is January 26, 2022.

What does the dividend declaration indicate for Krispy Kreme's financial health?

The dividend declaration suggests confidence in Krispy Kreme's financial stability and cash flow.