JOANN Announces Dividend
The Board of Directors of JOANN (NASDAQ: JOAN) has declared a quarterly dividend of 10 cents per common share, payable on September 24, 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
The Board of Directors of JOANN (NASDAQ: JOAN) has declared a quarterly dividend of 10 cents per common share, payable on September 24, 2021. Shareholders of record must hold their shares by September 10, 2021 to qualify for the dividend. JOANN has developed into a leader in the arts and crafts industry, with 853 stores in 49 states and a strong e-commerce presence, inspiring creativity in customers for over 75 years.
Positive
- Quarterly dividend declared at 10 cents per share, providing income for shareholders.
- Strong market position as a leader in the arts and crafts industry with 853 stores.
- Established brand with over 75 years of experience in inspiring creativity.
Negative
- None.
Details
News Market Reaction – JOAN
The recorded move for JOAN in the trading session of this news was -0.84%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HUDSON, Ohio, Aug. 23, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of JOANN (NASDAQ: JOAN) has declared a quarterly dividend of 10 cents per common share.
The dividend is payable on September 24, 2021 to shareholders of record at the close of business September 10, 2021.
About JOANN
For more than 75 years, JOANN has inspired creativity in the hearts, hands, and minds of its customers. From a single storefront in Cleveland, Ohio, the nation’s category leader in sewing and fabrics and one of the fastest growing competitors in the arts and crafts industry has grown to include 853 stores across 49 states and robust e-commerce business. With the goal of helping every customer find their creative Happy Place, JOANN serves as a convenient single source for all of the supplies, guidance, and inspiration needed to achieve any project or passion.
Investor Relations Contacts:
Ajay Jain
ajay.jain@joann.com
330-463-8585
Corporate Communications:
Amanda Hayes
amanda.hayes@joann.com
216-296-5887
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