J & J SNACK FOODS CORP. ANNOUNCES QUARTERLY CASH DIVIDEND

Rhea-AI Summary

J & J Snack Foods Corp. (NASDAQ-JJSF) announced a quarterly cash dividend of $.575 per share, payable on July 7, 2020, to shareholders on record as of June 15, 2020. The company, a leader in the snack food industry with over $1 billion in annual revenue, has reported record sales for 48 consecutive years. Known for popular products like SUPERPRETZEL and ICEE, JJSF continues to expand its niche market offerings.

Positive

• Declaring a quarterly cash dividend of $.575 per share enhances shareholder income.
• Achieved record sales for 48 consecutive years, indicating strong company performance.
• Over $1 billion in annual revenue reflects robust business growth and market presence.

Negative

• None.

PENNSAUKEN, N.J., May 21, 2020 (GLOBE NEWSWIRE) --  J & J Snack Foods Corp. (NASDAQ-JJSF) announced today that its Board of Directors has declared a regular quarterly cash dividend of $.575 per share of its common stock payable on July 7, 2020 to shareholders of record as of the close of business on June 15, 2020. 

J&J Snack Foods Corp. (NASDAQ: JJSF) is a leader and innovator in the snack food industry, providing innovative, niche and affordable branded snack foods and beverages to foodservice and retail supermarket outlets. Manufactured and distributed nationwide, our principal products include SUPERPRETZEL, the #1 soft pretzel brand in the world, as well as internationally known ICEE and SLUSH PUPPIE frozen beverages, LUIGI’S Real Italian Ice, MINUTE MAID* frozen ices, WHOLE FRUIT sorbet and frozen fruit bars, SOUR PATCH KIDS** Flavored Ice Pops, Tio Pepe’s & CALIFORNIA CHURROS, and THE FUNNEL CAKE FACTORY funnel cakes and several bakery brands within DADDY RAY’S, COUNTRY HOME BAKERS and HILL & VALLEY. With nearly twenty manufacturing facilities, and more than $1 billion in annual revenue, J&J Snack Foods Corp. has continued to see steady growth as a company, reaching record sales for 48 consecutive years. The company consistently seeks out opportunities to expand its unique niche market product offering while bringing smiles to families worldwide. For more information, please visit http://www.jjsnack.com.

*MINUTE MAID is a registered trademark of The Coca-Cola Company
**SOUR PATCH KIDS is a registered trademark of Mondelēz International group, used under license.

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Contact: Dennis G. Moore
Senior Vice President
Chief Financial Officer
(856) 532-6603

FAQ

What is the dividend amount declared by JJSF?

JJSF declared a quarterly cash dividend of $.575 per share.

When will the JJSF dividend be paid?

The dividend will be payable on July 7, 2020.

What is the record date for the JJSF dividend?

The record date for the dividend is June 15, 2020.

How often does JJSF pay dividends?

JJSF typically pays dividends quarterly.

Is the JJSF dividend sustainable?

The sustainability of the dividend can depend on the company's continued revenue growth and profitability.