National Beverage Corp. Sets Cash Dividend Payment Date

Rhea-AI Summary

National Beverage Corp. (NASDAQ:FIZZ) has announced a special cash dividend of $3.00 per share, set for payment on December 29, 2021. This decision reflects the company’s strong operational performance, allowing it to reward its loyal shareholders, especially during the holiday season. The Board of Directors acted to accelerate the dividend payment due to the uncertain tax environment. Additionally, National Beverage will disclose its third-quarter results for the period ending January 29, 2022, by March 10, 2022.

Positive

• Cash dividend of $3.00 per share enhances shareholder value.
• Accelerated payment shows strong operational performance and shareholder appreciation.

Negative

• None.

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- The Board of Directors of National Beverage Corp. (NASDAQ:FIZZ) has set Wednesday, December 29, 2021, as the payment date for the company’s previously announced $3.00 per share special cash dividend.

“We are proud of the strong operational and financial performance that has given us the opportunity to reward loyal shareholders with this payment,” stated a company spokesperson. “More importantly, we realize and deeply appreciate how fortunate we are – particularly as so many are facing illness and serious challenges in what should be a joyful holiday season. This understanding, as well as the increasingly uncertain tax environment, prompted our Board to accelerate payment of the cash dividend to next week.”

“We feel compelled to share our blessings with our faithful shareholders . . . and give them the choice to use this payment in the best way possible for them. Our sincere hope is that all experience peace and joy this holiday season, especially the heartfelt joy that comes from sharing with others,” concluded the spokesperson.

National Beverage plans to announce results for its third quarter ending January 29, 2022 on or before March 10, 2022.

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Office of the Chairman

Grace Keene

877-NBC-FIZZ

Source: National Beverage Corp.

FAQ

What is the dividend amount for National Beverage Corp.?

The dividend amount is $3.00 per share.

When will National Beverage Corp. pay the dividend?

The dividend will be paid on December 29, 2021.

Why did National Beverage Corp. accelerate the dividend payment?

The Board accelerated the payment due to strong operational performance and an uncertain tax environment.

When will National Beverage Corp. announce its third-quarter results?

The third-quarter results will be announced on or before March 10, 2022.