Utz Brands, Inc. Declares Quarterly Cash Dividend
Utz Brands, Inc. (NYSE: UTZ), a leading U.S. manufacturer of branded salty snacks, has announced a quarterly cash dividend. The Board of Directors declared a regular quarterly cash dividend of $0.059 per share on the Company's Class A Common Stock, along with an additional cash dividend of $0.011 per share. The total dividend of $0.07 per share will be paid on October 3, 2024, to stockholders of record as of September 16, 2024. The additional dividend, totaling approximately $0.9 million, reflects growth in the company's pre-tax income from improved operating performance. It will be funded from excess tax distributions from Utz Brands Holdings to Utz.
Utz Brands, Inc. (NYSE: UTZ), un produttore leader di snack salati a marchio negli Stati Uniti, ha annunciato un dividendo in contante trimestrale. Il Consiglio di Amministrazione ha dichiarato un dividendo in contante trimestrale regolare di $0.059 per azione sulle azioni ordinarie di Classe A della Società, insieme a un dividendo in contante aggiuntivo di $0.011 per azione. Il dividendo totale di $0.07 per azione sarà pagato il 3 ottobre 2024, agli azionisti registrati al 16 settembre 2024. Il dividendo aggiuntivo, che ammonta a circa $0.9 milioni, riflette la crescita del reddito ante imposte dell'azienda grazie a un miglioramento delle performance operative. Sarà finanziato da distribuzioni fiscali eccessive da Utz Brands Holdings a Utz.
Utz Brands, Inc. (NYSE: UTZ), un fabricante líder de snacks salados de marca en los Estados Unidos, ha anunciado un dividendo en efectivo trimestral. La Junta de Directores declaró un dividendo en efectivo trimestral regular de $0.059 por acción sobre las acciones ordinarias de Clase A de la Compañía, junto con un dividendo en efectivo adicional de $0.011 por acción. El dividendo total de $0.07 por acción se pagará el 3 de octubre de 2024, a los accionistas registrados a partir del 16 de septiembre de 2024. El dividendo adicional, que suma aproximadamente $0.9 millones, refleja el crecimiento del ingreso antes de impuestos de la empresa gracias a una mejoría en el rendimiento operativo. Se financiará con distribuciones fiscales excedentes de Utz Brands Holdings a Utz.
Utz Brands, Inc. (NYSE: UTZ), 미국의 주요 브랜드 짭짤한 스낵 제조업체가 분기별 현금 배당금을 발표했습니다. 이사회는 회사의 클래스 A 보통주에 대해 주당 $0.059의 정기 분기 현금 배당금을 선언했으며, 추가로 주당 $0.011의 현금 배당금을 제공할 예정입니다. 총 배당금은 2024년 10월 3일에 지불되며, 2024년 9월 16일 기준 주주들에게 지급됩니다. 추가 배당금 약 $0.9백만은 회사의 세전 수익 증가에 따른 운영 성과 개선을 반영합니다. 이는 Utz Brands Holdings에서 Utz로의 초과 세금 배당금으로 자금을 조달할 것입니다.
Utz Brands, Inc. (NYSE: UTZ), un fabricant américain de snacks salés de marque, a annoncé un dividende en espèces trimestriel. Le Conseil d'Administration a déclaré un dividende en espèces trimestriel régulier de 0,059 $ par action sur les actions ordinaires de Classe A de la Société, ainsi qu'un dividende en espèces supplémentaire de 0,011 $ par action. Le dividende total de 0,07 $ par action sera versé le 3 octobre 2024 aux actionnaires enregistrés au 16 septembre 2024. Le dividende supplémentaire, d'un montant total d'environ 0,9 million de dollars, reflète la croissance du revenu imposable de l'entreprise grâce à une amélioration de sa performance opérationnelle. Il sera financé par des distributions fiscales excédentaires de Utz Brands Holdings à Utz.
Utz Brands, Inc. (NYSE: UTZ), ein führender US-Hersteller von Marken-Snacks, hat eine vierteljährliche Bardividende angekündigt. Der Vorstand hat eine regelmäßige vierteljährliche Bardividende von $0.059 pro Aktie auf die Stammaktien der Klasse A des Unternehmens sowie eine zusätzliche Bardividende von $0.011 pro Aktie erklärt. Die Gesamtdividende von $0.07 pro Aktie wird am 3. Oktober 2024 an die zum 16. September 2024 eingetragenen Aktionäre ausgezahlt. Die zusätzliche Dividende, die etwa $0.9 Millionen ausmacht, spiegelt das Wachstum des Unternehmens vor Steuern durch verbesserte Betriebsleistungen wider. Sie wird durch überschüssige Steuerverteilungen von Utz Brands Holdings an Utz finanziert.
- Declaration of a total quarterly dividend of $0.07 per share
- Additional dividend of $0.011 per share reflects growth in pre-tax income
- Improved operating performance indicated by the additional dividend
- None.
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 a century of 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, clubs, convenience stores, drug stores, 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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Utz Brands, Inc.
Investors
Kevin Powers
kpowers@utzsnacks.com
Media
Kevin Brick
kbrick@utzsnacks.com
Source: Utz Brands, Inc.
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