WEIS MARKETS ANNOUNCES QUARTERLY DIVIDEND

Rhea-AI Summary

Weis Markets, Inc. (NYSE: WMK) announced a quarterly cash dividend of $0.34 per share, set for shareholders of record as of February 13, 2023. The dividend will be payable on February 27, 2023, reflecting the company's ongoing commitment to returning value to its shareholders. Founded in 1912, Weis operates 197 stores across the Mid-Atlantic, including states such as Pennsylvania, Maryland, Delaware, New Jersey, New York, Virginia, and West Virginia.

Positive

• Quarterly cash dividend of $0.34 per share declared.
• Dividend payment reinforces shareholder value.

Negative

• None.

SUNBURY, Pa., Feb. 2, 2023 /PRNewswire/ -- Weis Markets, Inc. (NYSE: WMK) Board of Directors today declared a quarterly cash dividend of $0.34 per share to shareholders of record as of February 13, 2023, payable on February 27, 2023.

About Weis Markets  
Founded in 1912, Weis Markets, Inc. is a Mid-Atlantic food retailer operating 197 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 amount of the dividend declared by WMK?

Weis Markets declared a dividend of $0.34 per share.

When is the dividend payable for WMK shareholders?

The dividend is payable on February 27, 2023.

What is the record date for the WMK dividend?

The record date for the dividend is February 13, 2023.

How often does Weis Markets pay dividends?

Weis Markets typically pays dividends quarterly.

Is the dividend from WMK sustainable?

The sustainability of the dividend is subject to the company's future financial performance and market conditions.