National Beverage Corp. Again Enriches the Holiday Season With a Special Cash Dividend

Rhea-AI Summary

National Beverage Corp. (NASDAQ: FIZZ) has declared a special cash dividend of $3.00 per share for shareholders of record on December 13, 2021. The stock will trade ex-dividend on December 10, 2021, with payment expected by February 11, 2022. This marks the eleventh special dividend in 17 years, totaling $13.28 per share or over $1.2 billion returned to shareholders. Strong operating cash flow has enabled this distribution despite ongoing pandemic challenges. The company will announce its Q2 results for the period ended October 30, 2021 by December 9, 2021.

Positive

• Declared a special cash dividend of $3.00 per share, benefiting shareholders.
• Total dividends for shareholders now exceed $1.2 billion over the past years.
• Continued strong operating cash flow supports ongoing shareholder rewards.
• Maintains one of the industry's strongest balance sheets.

Negative

• Ongoing pandemic-related challenges and supply chain issues may impact future performance.
• Uncertainty regarding future tax legislation could pose risks to financial stability.

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- National Beverage Corp. (NASDAQ: FIZZ) today announced its Board of Directors has declared a special cash dividend of $3.00 per share to shareholders of record on December 13, 2021. FIZZ will trade ex-dividend on December 10, 2021 and the payment date for this distribution will be on or before February 11, 2022.

“With this special cash dividend, our eleventh in the past 17 years, FIZZ holders will have received $13.28 per share or over $1.2 billion,” stated a company spokesperson. “Our superior performance and innovative products have continued to generate strong operating cash flow and allowed us to reward shareholders while maintaining one of the industry’s strongest balance sheets. As our nation faces new and lingering pandemic-related concerns, supply chain issues and uncertainty regarding future tax legislation, we feel exceptionally blessed to brighten this holiday season for loyal FIZZ holders.”

“One of Team National’s profound tenets is its dedication to do good and give back. Since the beginning of the pandemic, we have refreshed devoted hospital workers with shipments of LaCroix and continue our steadfast support of numerous community groups and charitable organizations. Our sincere hope is to share our mission of giving to others and bringing joy throughout this special time of year,” the spokesperson concluded.

National Beverage plans to announce results for its second quarter ended October 30, 2021 on or before December 9, 2021.

“Patriotism” – If Only We Could Bottle It!

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company disclaims an obligation to update or announce revisions to any forward-looking statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211202005960/en/

Office of the Chairman

Grace Keene

877-NBC-FIZZ

Source: National Beverage Corp.

FAQ

What is the dividend payment date for FIZZ?

The dividend payment date for FIZZ is on or before February 11, 2022.

When is the ex-dividend date for National Beverage Corp. (FIZZ)?

The ex-dividend date is December 10, 2021.

How much is the special cash dividend declared by FIZZ?

FIZZ declared a special cash dividend of $3.00 per share.

What has been the total dividend payout by FIZZ over the past years?

FIZZ has paid over $1.2 billion in dividends to shareholders.

When will National Beverage announce its Q2 results?

National Beverage plans to announce its Q2 results on or before December 9, 2021.