Utz Brands, Inc. Declares Quarterly Cash Dividend
Utz Brands (NYSE: UTZ) has announced a quarterly dividend distribution consisting of two components. The Board of Directors declared a regular quarterly cash dividend of $0.061 per share on Class A Common Stock, plus an additional cash dividend of $0.011 per share. The total dividend will be paid on April 24, 2025, to stockholders of record as of April 7, 2025.
The additional dividend of approximately $0.95 million will be funded from tax distributions from Utz Brands Holdings exceeding the company's corporate tax obligations. Future dividend declarations remain subject to Board discretion based on operational results, financial condition, and other relevant factors.
Utz Brands (NYSE: UTZ) ha annunciato una distribuzione di dividendi trimestrali composta da due componenti. Il Consiglio di Amministrazione ha dichiarato un dividendo in contante regolare di $0,061 per azione sulle azioni ordinarie di Classe A, oltre a un ulteriore dividendo in contante di $0,011 per azione. Il dividendo totale sarà pagato il 24 aprile 2025 agli azionisti registrati al 7 aprile 2025.
Il dividendo aggiuntivo di circa $0,95 milioni sarà finanziato dalle distribuzioni fiscali di Utz Brands Holdings che superano gli obblighi fiscali aziendali. Le future dichiarazioni di dividendo rimangono soggette alla discrezione del Consiglio in base ai risultati operativi, alla condizione finanziaria e ad altri fattori rilevanti.
Utz Brands (NYSE: UTZ) ha anunciado una distribución de dividendos trimestrales compuesta por dos componentes. La Junta Directiva declaró un dividendo en efectivo trimestral regular de $0.061 por acción sobre las acciones ordinarias de Clase A, más un dividendo adicional en efectivo de $0.011 por acción. El dividendo total se pagará el 24 de abril de 2025 a los accionistas registrados a partir del 7 de abril de 2025.
El dividendo adicional de aproximadamente $0.95 millones se financiará con distribuciones fiscales de Utz Brands Holdings que superan las obligaciones fiscales corporativas de la empresa. Las futuras declaraciones de dividendos seguirán sujetas a la discreción de la Junta en función de los resultados operativos, la situación financiera y otros factores relevantes.
Utz Brands (NYSE: UTZ)는 두 가지 구성 요소로 이루어진 분기 배당금 분배를 발표했습니다. 이사회는 A 클래스 보통주에 대해 주당 $0.061의 정기 분기 현금 배당금을 선언했으며, 추가로 주당 $0.011의 현금 배당금도 있습니다. 총 배당금은 2025년 4월 24일에 2025년 4월 7일 기준 주주에게 지급될 것입니다.
약 $0.95 백만의 추가 배당금은 Utz Brands Holdings의 세금 분배에서 회사의 법인세 의무를 초과하는 부분으로 자금이 조달됩니다. 향후 배당금 선언은 운영 결과, 재무 상태 및 기타 관련 요인에 따라 이사회의 재량에 따라 달라질 수 있습니다.
Utz Brands (NYSE: UTZ) a annoncé une distribution de dividendes trimestriels composée de deux composants. Le Conseil d'Administration a déclaré un dividende en espèces trimestriel régulier de 0,061 $ par action sur les actions ordinaires de Classe A, ainsi qu'un dividende en espèces supplémentaire de 0,011 $ par action. Le dividende total sera payé le 24 avril 2025 aux actionnaires enregistrés au 7 avril 2025.
Le dividende supplémentaire d'environ 0,95 million $ sera financé par des distributions fiscales de Utz Brands Holdings dépassant les obligations fiscales de l'entreprise. Les déclarations de dividendes futures resteront soumises à la discrétion du Conseil en fonction des résultats opérationnels, de la situation financière et d'autres facteurs pertinents.
Utz Brands (NYSE: UTZ) hat eine vierteljährliche Dividendenverteilung angekündigt, die aus zwei Komponenten besteht. Der Vorstand hat eine reguläre vierteljährliche Bardividende von $0,061 pro Aktie der Klasse A Stammaktien sowie eine zusätzliche Bardividende von $0,011 pro Aktie erklärt. Die Gesamtdividende wird am 24. April 2025 an die Aktionäre ausgezahlt, die am 7. April 2025 im Aktienregister stehen.
Die zusätzliche Dividende von etwa $0,95 Millionen wird aus Steuerverteilungen von Utz Brands Holdings finanziert, die die Unternehmenssteuerschuld übersteigen. Zukünftige Dividendenerklärungen unterliegen dem Ermessen des Vorstands, basierend auf den operativen Ergebnissen, der finanziellen Lage und anderen relevanten Faktoren.
- Additional dividend distribution of $0.95 million shows strong cash position
- Regular quarterly dividend maintained, indicating stable financial health
- Tax efficiency benefits being passed to shareholders through additional dividend
- Future dividend payments subject to Board discretion and company performance
The cash dividend includes a regular quarterly cash dividend of
Future declarations of quarterly or other dividends are subject to the determination and discretion of Utz’s Board of Directors based on its consideration of various factors, including the Company’s results of operations, financial condition and other factors that the Board may deem relevant.
About Utz Brands, Inc.
Utz Brands, Inc. (NYSE: UTZ) manufactures a diverse portfolio of savory snacks through popular brands, including Utz®, On The Border® Chips & Dips, Zapp’s®, and Boulder Canyon®, among others. After over a century with a strong family heritage, Utz continues to have a passion for exciting and delighting consumers with delicious snack foods made from top-quality ingredients. Utz's products are distributed nationally through grocery, mass merchandisers, club, convenience, drug, and other channels. Based in
Forward-Looking Statements
Certain statements made herein are not historical facts but are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended. The forward-looking statements generally are accompanied by or include, without limitation, statements such as “will”, “expect”, “intends”, “goal” or other similar words, phrases or expressions. These statements are based on the current expectations of the Company’s management and are not predictions of actual performance. These statements are subject to a number of risks and uncertainties and the Company’s business and actual results may differ materially.
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Source: Utz Brands, Inc.
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