WEIS MARKETS ANNOUNCES QUARTERLY DIVIDEND

Rhea-AI Summary

Weis Markets, Inc. (NYSE: WMK) has declared a quarterly dividend of $.32 per share for shareholders of record as of July 25, 2022, with the payment scheduled for August 8, 2022. This announcement reflects the company’s ongoing commitment to returning value to its shareholders.

Positive

• Quarterly dividend of $.32 per share demonstrates strong shareholder return strategy.

Negative

• None.

News Market Reaction

+1.08%

1 alert

+1.08% News Effect

On the day this news was published, WMK gained 1.08%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

SUNBURY, Pa., July 14, 2022 /PRNewswire/ -- Weis Markets, Inc.'s (NYSE: WMK) Board of Directors today declared a quarterly dividend of $.32 per share to shareholders of record as of July 25, 2022 payable on August 8, 2022.

About Weis Markets

Founded in 1912, Weis Markets, Inc. is a Mid-Atlantic food retailer operating 198 stores in Pennsylvania, Maryland, Delaware, New Jersey, New York, Virginia and West Virginia. For more information, please visit: WeisMarkets.com or Facebook.com/WeisMarkets.

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SOURCE Weis Markets

FAQ

What is the dividend amount declared by Weis Markets in July 2022?

Weis Markets declared a dividend of $.32 per share in July 2022.

When will the dividend be paid to shareholders of Weis Markets?

The dividend will be payable on August 8, 2022.

What is the record date for the dividend declared by Weis Markets?

The record date for the dividend is July 25, 2022.

Is the dividend from Weis Markets sustainable?

The sustainability of the dividend can depend on the company's future financial performance.