JOANN Announces Dividend
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.
News Market Reaction
On the day this news was published, JOAN declined 0.84%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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
FAQ
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