J & J SNACK FOODS CORP. ANNOUNCES QUARTERLY CASH DIVIDEND
J & J Snack Foods Corp. (NASDAQ: JJSF) announced a quarterly cash dividend of $0.735 per share, payable on July 9, 2024, to shareholders of record as of June 18, 2024. The Board of Directors' decision to declare dividends is influenced by factors such as net income, financial position, and cash requirements. J & J Snack Foods is noted for its diverse range of snack food products, including SUPERPRETZEL, ICEE, SLUSH PUPPIE, LUIGI'S Real Italian Ice, and more. The company remains a leader and innovator in the snack food industry, distributing its products nationwide in foodservice and retail supermarket outlets.
- Quarterly cash dividend of $0.735 per share.
- Dividend payment date set for July 9, 2024.
- Shareholders record date is June 18, 2024.
- Consistent dividend policy showcasing financial stability.
- Diverse product portfolio including renowned brands like SUPERPRETZEL and ICEE.
- Strong presence in both foodservice and retail supermarket outlets.
- Dividend declarations depend on several variables, including net income and financial position.
- Dependency on the Board of Directors' discretion for future dividends.
- Potential restrictions from the company's credit facility.
MOUNT LAUREL, N.J., May 24, 2024 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ: JJSF) announced today that its Board of Directors has declared a quarterly cash dividend of
The declaration and payment of dividends is subject to the discretion of the Board of Directors and depends on various factors, including the Company’s net income, financial position, cash requirements, restrictions in our credit facility and other factors deemed relevant by our Board of Directors.
J & J Snack Foods Corp. 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, DIPPIN’ DOTS ice cream, Hola! CHURROS, and THE FUNNEL CAKE FACTORY funnel cakes and several bakery brands within DADDY RAY’S, COUNTRY HOME BAKERS and HILL & VALLEY. For more information, please visit http://www.jjsnack.com.
*MINUTE MAID is a registered trademark of The Coca-Cola Company
Certain statements in this press release may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby. Please refer to our public filings for a discussion of certain important factors that relate to forward-looking statements contained in this press release. The words "believe," "expect," "anticipate," "estimate," "guidance," "target," "intend" and similar expressions identify forward-looking statements. Although we believe that the expectations reflected in these forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
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