Utz Brands, Inc. Increases 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 has approved an annual dividend increase from $0.228 to $0.236 per share. The increase is effective as of today, and the Utz Board of Directors (“Board”) has declared a regular quarterly cash dividend of approximately $0.059 per share on the Company’s Class A Common Stock. Payment is expected to be made by the Company on May 2, 2024, to stockholders of record at the close of business on April 15, 2024.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
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- Utz Brands Announces Continued Acceleration of Supply Chain Transformation Strategy and Completes Term Loan Repricing [Yahoo! Finance]Yahoo! Finance
- Utz Brands Announces Continued Acceleration of Supply Chain Transformation Strategy and Completes Term Loan RepricingBusiness Wire
- Utz Brands to Report First Quarter 2024 Financial Results on May 2, 2024Business Wire
UTZ
Earnings
- 2/29/24 - Miss
UTZ
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- UTZ's page on the SEC website