Krispy Kreme Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Krispy Kreme (NASDAQ: DNUT) announced a quarterly cash dividend of $0.035 per share on December 8, 2022. This dividend will be paid on February 8, 2023, to shareholders on record as of January 25, 2023. The company's commitment to returning value to shareholders is emphasized through this action, reflecting its strong operational performance and stability in the sweet treat market.

Positive

• Quarterly cash dividend of $0.035 per share demonstrates financial stability.
• Dividend payment reflects company commitment to returning value to shareholders.

Negative

• None.

CHARLOTTE, N.C.--(BUSINESS WIRE)-- The Board of Directors of Krispy Kreme, Inc. (the “Company” or “Krispy Kreme”) (NASDAQ: DNUT) announced today a quarterly cash dividend of $0.035 per share of common stock, in accordance with the Company’s dividend policy. The dividend was declared yesterday, December 8, 2022. The dividend will be paid on February 8, 2023, to shareholders of record on January 25, 2023.

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/20221209005059/en/

Investor Relations

Rob Ballew, VP of Investor Relations

rballew@krispykreme.com

Financial Media

Edelman Smithfield for Krispy Kreme, Inc.

Allie McLarty & Ashley Firlan, KrispyKremeIR@edelman.com

Source: Krispy Kreme, Inc.

FAQ

What is the dividend amount for Krispy Kreme in 2023?

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

When will Krispy Kreme's dividend be paid?

The dividend will be paid on February 8, 2023.

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

The record date for the dividend is January 25, 2023.

When was the dividend declaration for Krispy Kreme made?

The dividend was declared on December 8, 2022.