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WEIS MARKETS ANNOUNCES QUARTERLY DIVIDEND

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.

(Neutral)

Sentiment and the balance of points

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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.

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Positive

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

Negative

  • None.
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+1.08% session move Open Argus
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News Market Reaction – WMK

The recorded move for WMK in the trading session of this news was +1.08%.

Data tracked by StockTitan Argus. Session date unavailable.

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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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/weis-markets-announces-quarterly-dividend-301587127.html

SOURCE Weis Markets

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

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