Utz Brands, Inc. Increases Quarterly Cash Dividend
Utz Brands (NYSE: UTZ) has announced a dividend increase, raising its annual dividend from $0.236 to $0.244 per share. The company's Board of Directors has declared a quarterly cash dividend of $0.061 per share on Class A Common Stock, payable on January 2, 2025, to stockholders of record as of December 16, 2024.
The dividend will be funded through cash distributions from Utz Brands Holdings to Utz and other common unit holders on a pro-rata basis. This marks the second dividend increase in 2024, following a previous increase from $0.228 to $0.236 per share in March.
Utz Brands (NYSE: UTZ) ha annunciato un aumento del dividendo, elevando il proprio dividendo annuale da $0,236 a $0,244 per azione. Il Consiglio di Amministrazione dell'azienda ha dichiarato un dividendo in contante trimestrale di $0,061 per azione sulle azioni ordinarie di Classe A, che sarà pagato il 2 gennaio 2025, agli azionisti registrati al 16 dicembre 2024.
Il dividendo sarà finanziato tramite distribuzioni in contante da Utz Brands Holdings a Utz e ad altri detentori di unità comuni su base pro-rata. Questo rappresenta il secondo aumento del dividendo nel 2024, seguendo un precedente aumento da $0,228 a $0,236 per azione a marzo.
Utz Brands (NYSE: UTZ) ha anunciado un aumento del dividendo, elevando su dividendo anual de $0,236 a $0,244 por acción. La Junta Directiva de la compañía ha declarado un dividendo en efectivo trimestral de $0,061 por acción de acciones comunes de Clase A, que se pagará el 2 de enero de 2025, a los accionistas registrados a partir del 16 de diciembre de 2024.
El dividendo se financiará a través de distribuciones en efectivo de Utz Brands Holdings a Utz y otros tenedores de unidades comunes de manera prorrateada. Este es el segundo aumento de dividendo en 2024, después de un aumento anterior de $0,228 a $0,236 por acción en marzo.
Utz Brands (NYSE: UTZ)는 배당금 증가를 발표하여 연간 배당금을 주당 $0.236에서 $0.244로 인상했습니다. 회사의 이사회는 클래스 A 보통주에 대해 주당 $0.061의 분기 현금 배당금을 선언했으며, 이는 2025년 1월 2일에 지급되고 2024년 12월 16일에 등록된 주주에게 지급됩니다.
배당금은 Utz Brands Holdings에서 Utz 및 다른 보통 주식 보유자에게 비례적으로 현금 배당금으로 지급됩니다. 이는 2024년 두 번째 배당금 인상으로, 3월에 주당 $0.228에서 $0.236으로 인상된 데 이어 진행됩니다.
Utz Brands (NYSE: UTZ) a annoncé une augmentation de son dividende, portant son dividende annuel de $0,236 à $0,244 par action. Le Conseil d'administration de l'entreprise a déclaré un dividende en espèces trimestriel de $0,061 par action sur les actions ordinaires de Classe A, payable le 2 janvier 2025, aux actionnaires enregistrés au 16 décembre 2024.
Le dividende sera financé par des distributions en espèces de Utz Brands Holdings à Utz et à d'autres détenteurs d'unités ordinaires sur une base pro-rata. Cela marque la deuxième augmentation du dividende en 2024, après une précédente augmentation de $0,228 à $0,236 par action en mars.
Utz Brands (NYSE: UTZ) hat eine Erhöhung der Dividende angekündigt und die jährliche Dividende von $0,236 auf $0,244 pro Aktie angehoben. Der Vorstand des Unternehmens hat eine vierteljährliche Bar-Dividende von $0,061 pro Aktie auf Klasse A Stammaktien erklärt, die am 2. Januar 2025 an die zum 16. Dezember 2024 registrierten Aktionäre ausgezahlt wird.
Die Dividende wird durch Barverteilungen von Utz Brands Holdings an Utz und andere Inhaber von Stammaktien auf pro-rata-Basis finanziert. Dies stellt die zweite Dividendensteigerung im Jahr 2024 dar, nach einer vorherigen Erhöhung von $0,228 auf $0,236 pro Aktie im März.
- Dividend increase from $0.236 to $0.244 annually, showing financial strength
- Second dividend increase in 2024, demonstrating consistent shareholder returns
- None.
The cash dividend will be funded by cash distributions made by Utz Brands Holdings, LLC (“Utz Brands Holdings”) to Utz and the other holders of Utz Brands Holdings’ common units on a pro-rata basis.
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.
| (1) In March 2024, the Utz Board of Directors approved an annual dividend increase from |
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.
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Source: Utz Brands, Inc.
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