John B. Sanfilippo & Son Declares Special Cash Dividend Of $1.25 Per Share And Regular Annual Cash Dividend Of $0.85 Per Share; Total Payout Of $24.6M To Stockholders
Portfolio Pulse from Benzinga Newsdesk
John B. Sanfilippo & Son (JBSS) has declared a special cash dividend of $1.25 per share and a regular annual cash dividend of $0.85 per share, totaling a payout of $24.6 million to stockholders. The dividends will be paid on September 11, 2024, to stockholders of record as of August 20, 2024.
July 17, 2024 | 8:12 pm
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John B. Sanfilippo & Son (JBSS) has declared a special cash dividend of $1.25 per share and a regular annual cash dividend of $0.85 per share, resulting in a total payout of $24.6 million. The dividends will be paid on September 11, 2024, to stockholders of record as of August 20, 2024.
The announcement of both a special and regular dividend is likely to positively impact JBSS's stock price in the short term as it signals strong financial health and shareholder returns. Investors may see this as a sign of confidence from the company, leading to increased buying interest.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100