J & J SNACK FOODS CORP. ANNOUNCES QUARTERLY CASH DIVIDEND

Rhea-AI Summary

J & J Snack Foods Corp. (NASDAQ-JJSF) has declared a quarterly cash dividend of $.633 per share, reflecting a 10% increase from the prior dividend rate of $.575. The dividend is payable on July 12, 2021, to shareholders of record by June 21, 2021. With approximately twenty manufacturing facilities and over $1 billion in annual revenue, J & J Snack Foods is known for popular brands like SUPERPRETZEL and ICEE, and is committed to expanding its niche market offerings.

Positive

• 10% increase in quarterly cash dividend to $.633 per share
• Strong revenue generation exceeding $1 billion annually
• Established leader in the snack food industry with diverse product offerings

Negative

• None.

Pennsauken, N.J., May 12, 2021 (GLOBE NEWSWIRE) --  J & J Snack Foods Corp. (NASDAQ-JJSF) announced today that its Board of Directors has declared a regular quarterly cash dividend of $.633 per share of its common stock payable on July 12, 2021, to shareholders of record as of the close of business on June 21, 2021. The cash dividend of $.633 per share represents an increase of 10% from the previous quarterly dividend rate of $.575 per share.

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. J&J Snack Foods Corp. has approximately twenty manufacturing facilities and generates more than $1 billion in annual revenue. The Company has a history of strong sales growth and financial performance and remains focused on 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.

FAQ

What is the dividend amount declared by JJSF?

The dividend amount declared by J & J Snack Foods Corp. is $.633 per share.

When will JJSF pay its quarterly cash dividend?

J & J Snack Foods Corp. will pay its quarterly cash dividend on July 12, 2021.

What is the record date for JJSF's dividend?

The record date for J & J Snack Foods Corp.'s dividend is June 21, 2021.

How much was the previous dividend amount for JJSF?

The previous dividend amount for J & J Snack Foods Corp. was $.575 per share.

How often does JJSF pay dividends?

J & J Snack Foods Corp. pays dividends quarterly.