Krispy Kreme Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Krispy Kreme (NASDAQ: DNUT) has announced a quarterly cash dividend of $0.035 per share, reflecting its commitment to returning value to shareholders. This dividend was declared on February 8, 2023, and will be paid on May 10, 2023, to shareholders of record as of April 26, 2023. Krispy Kreme, headquartered in Charlotte, N.C., operates over 30 countries, emphasizing joy through its well-loved products such as the Original Glazed® doughnut.

Positive

• Quarterly cash dividend of $0.035 per share declared, indicating shareholder value.

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 was declared today, February 8, 2023. The dividend will be paid on May 10, 2023, to shareholders of record on April 26, 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/20230208005750/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

When will Krispy Kreme pay its next dividend?

Krispy Kreme will pay its next dividend of $0.035 per share on May 10, 2023.

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

The record date for Krispy Kreme's $0.035 dividend is April 26, 2023.

What is the dividend amount declared by Krispy Kreme?

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

Is Krispy Kreme's dividend sustainable?

The sustainability of Krispy Kreme's dividend will depend on its future financial performance.