J & J SNACK FOODS CORP. ANNOUNCES QUARTERLY CASH DIVIDEND
Rhea-AI Summary
J & J Snack Foods (NASDAQ: JJSF) has declared a quarterly cash dividend of $0.78 per share of common stock, payable on April 8, 2025, to shareholders of record as of March 18, 2025. The dividend payment is subject to Board discretion and various factors including net income, financial position, and cash requirements.
The company is a leader in the snack food industry, providing branded snack foods and beverages to foodservice and retail supermarket outlets. Their principal products include SUPERPRETZEL, ICEE, SLUSH PUPPIE frozen beverages, LUIGI'S Real Italian Ice, MINUTE MAID frozen ices, WHOLE FRUIT sorbet, DIPPIN' DOTS ice cream, Hola! CHURROS, and THE FUNNEL CAKE FACTORY funnel cakes, along with several bakery brands under DADDY RAY'S, COUNTRY HOME BAKERS and HILL & VALLEY.
Positive
- Maintained quarterly dividend payment of $0.78 per share
- Strong market position as industry leader with diverse product portfolio
- Established distribution network across nationwide outlets
Negative
- None.
News Market Reaction
On the day this news was published, JJSF gained 2.73%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
MOUNT LAUREL, N.J., Feb. 12, 2025 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ: JJSF) announced today that its Board of Directors has declared a quarterly cash dividend of
The declaration and payment of dividends is subject to the discretion of the Board of Directors and depends on various factors, including the Company’s net income, financial position, cash requirements, restrictions in our credit facility and other factors deemed relevant by our Board of Directors.
J & J Snack Foods Corp. is a leader and innovator in the snack food industry, providing innovative, niche and affordable branded snack foods and beverages to foodservice, and retail supermarket outlets. Manufactured and distributed nationwide, our principal products include SUPERPRETZEL, the #1 soft pretzel brand in the world, as well as internationally known ICEE and SLUSH PUPPIE frozen beverages, LUIGI’S Real Italian Ice, MINUTE MAID* frozen ices, WHOLE FRUIT sorbet and frozen fruit bars, DIPPIN’ DOTS ice cream, Hola! CHURROS, and THE FUNNEL CAKE FACTORY funnel cakes and several bakery brands within DADDY RAY’S, COUNTRY HOME BAKERS and HILL & VALLEY. For more information, please visit http://www.jjsnack.com.
*MINUTE MAID is a registered trademark of The Coca-Cola Company
Certain statements in this press release may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby. Please refer to our public filings for a discussion of certain important factors that relate to forward-looking statements contained in this press release. The words "believe," "expect," "anticipate," "estimate," "guidance," "target," "intend" and similar expressions identify forward-looking statements. Although we believe that the expectations reflected in these forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
Investor Contact:
Joseph Jaffoni, Norberto Aja or Jennifer Neuman
JCIR
(212) 835-8500
jjsf@jcir.com
FAQ
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