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Stock impact report

Utz Brands, Inc. Declares Quarterly Cash Dividend

Utz Brands Inc Class A (UTZ) 
Company Research Source: Business Wire
HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE:UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced that its Board of Directors declared a regular quarterly cash dividend of approximately $0.054 per share on the Company’s Class A Common Stock. Payment is expected to be made by the Company on October 6, 2022, to stockholders of record at the close of business on September 19, 2022.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 Utz’s Board of Directors may deem relevant.About Utz Brands, Inc.Utz Brands, Inc. (NYSE: UTZ) m Show less Read more
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