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Willamette Valley Vineyards Announces Annual Cash Dividend for Series A Redeemable Preferred Stock

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Willamette Valley Vineyards (NASDAQ:WVVI), an Oregon-based Pinot Noir producer, has announced a cash dividend of $0.22 per share on its Series A Redeemable Preferred stock (NASDAQ:WVVIP). The dividend will be paid on December 31, 2024, to shareholders of record as of December 6, 2024. Future dividend payments will require board approval and will be determined according to the terms outlined in the Amended and Restated Certificate of Designation for the Series A Redeemable Preferred Stock.

Willamette Valley Vineyards (NASDAQ:WVVI), un produttore di Pinot Noir dell'Oregon, ha annunciato un dividendo in contante di $0.22 per azione sul suo stock di Serie A Riscattabile Preferito (NASDAQ:WVVIP). Il dividendo sarà pagato il 31 dicembre 2024, agli azionisti registrati al 6 dicembre 2024. I futuri pagamenti di dividendi richiederanno l'approvazione del consiglio e saranno determinati secondo i termini stabiliti nel Certificato di Designazione Emendato e Ripristinato per le Azioni Preferite Riscattabili di Serie A.

Willamette Valley Vineyards (NASDAQ:WVVI), un productor de Pinot Noir de Oregón, ha anunciado un dividendo en efectivo de $0.22 por acción de sus acciones preferentes redimibles de Serie A (NASDAQ:WVVIP). El dividendo se pagará el 31 de diciembre de 2024, a los accionistas registrados hasta el 6 de diciembre de 2024. Los próximos pagos de dividendos requerirán la aprobación de la junta y se determinarán de acuerdo con los términos establecidos en el Certificado de Designación Modificado y Restablecido para las Acciones Preferentes Redimibles de Serie A.

윌라멧 밸리 포도주 농장 (NASDAQ:WVVI), 오리건주 기반의 피노 누아 생산업체가 현금 배당금으로 주당 $0.22를 발표했습니다. 이는 그의 Series A 상환 가능 우선주(NASDAQ:WVVIP)에서 나온 것입니다. 배당금은 2024년 12월 31일에 지급되며, 2024년 12월 6일 기준 주주에게 지급됩니다. 향후 배당 지급은 이사회의 승인을 요구하며, Series A 상환 가능 우선주에 대한 수정 및 재진술된 지정서의 조건에 따라 결정됩니다.

Willamette Valley Vineyards (NASDAQ:WVVI), un producteur de Pinot Noir basé en Oregon, a annoncé un dividende en espèces de 0,22 $ par action sur ses actions privilégiées rachetables de série A (NASDAQ:WVVIP). Le dividende sera versé le 31 décembre 2024, aux actionnaires enregistrés au 6 décembre 2024. Les paiements de dividendes futurs nécessiteront l'approbation du conseil et seront déterminés selon les modalités énoncées dans le Certificat de Désignation Modifié et Reformaté pour les Actions Privilégiées Rachetables de Série A.

Willamette Valley Vineyards (NASDAQ:WVVI), ein in Oregon ansässiger Pinot Noir-Produzent, hat eine Bardividende von $0.22 pro Aktie auf seine Serie A Rückkaufbare Vorzugsaktien (NASDAQ:WVVIP) bekannt gegeben. Die Dividende wird am 31. Dezember 2024 an Aktionäre ausgezahlt, die am 6. Dezember 2024 registriert sind. Zukünftige Dividendenauszahlungen bedürfen der Genehmigung des Vorstands und werden gemäß den im geänderten und neu gefassten Zertifikat der Bezeichnung für die Serie A Rückkaufbaren Vorzugsaktien festgelegten Bedingungen bestimmt.

Positive
  • Declared cash dividend of $0.22 per share for preferred stockholders
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  • None.

SALEM, Ore., Nov. 7, 2024 /PRNewswire/ -- Willamette Valley Vineyards, Inc. (NASDAQ:WVVI), a leading Oregon producer of Pinot Noir, declared a cash dividend of $0.22 per share on its Series A Redeemable Preferred stock (NASDAQ:WVVIP) (the "Preferred Stock"), payable on December 31, 2024, to shareholders of record of the Preferred Stock at the close of business on December 6, 2024. Future dividends on the Preferred Stock will be subject to approval by the Willamette Valley Vineyards Inc. board of directors, and the amount of all dividends declared will be based on the terms of the Amended and Restated Certificate of Designation of the Preferences, Limitations, and Relative Rights of the Series A Redeemable Preferred Stock of Willamette Valley Vineyards, Inc.

Willamette Valley Vineyards, Inc. is headquartered at its Estate Vineyard near Salem, Oregon. The Company's common stock is traded on NASDAQ (WVVI). For more information, visit Willamette Valley Vineyard's website at: wvv.com  

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, and are identified by such words and phrases as "expects," "thinks," "believes," "anticipates" and words of similar import. Such forward-looking statements are subject to risks and uncertainties and actual results could differ materially from those projected. Such risks and uncertainties include, but are not limited to: availability of financing for growth, availability of adequate supply of high quality grapes, successful performance of internal operations, impact of competition, changes in wine broker or distributor relations or performance, impact of possible adverse weather conditions, impact of reduction in grape quality or supply due to disease or smoke from forest fires, changes in consumer spending, the reduction in consumer demand for premium wines, and the impact of the COVID-19 pandemic and the policies of United States federal, state and local governments in response to such pandemic. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic economic conditions. 

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SOURCE Willamette Valley Vineyards

FAQ

What is the dividend amount for Willamette Valley Vineyards (WVVI) Series A Preferred Stock in December 2024?

Willamette Valley Vineyards declared a cash dividend of $0.22 per share for its Series A Redeemable Preferred Stock (WVVIP).

When is the payment date for WVVI's Series A Preferred Stock dividend?

The dividend payment date is December 31, 2024, for shareholders of record as of December 6, 2024.

How are future dividends determined for Willamette Valley Vineyards' Preferred Stock?

Future dividends require board approval and are based on the terms outlined in the Amended and Restated Certificate of Designation for the Series A Redeemable Preferred Stock.

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