Weis Markets Announces Quarterly Dividend
Rhea-AI Summary
Weis Markets, Inc. (NYSE:WMK) has declared a quarterly dividend of $.31 per share, a decision made by its Board of Directors. This dividend is set for shareholders of record as of November 9, 2020, with a payment date scheduled for November 23, 2020. Weis Markets operates 195 stores across several Mid-Atlantic states including Pennsylvania, Maryland, and New Jersey, indicating a stable market presence and commitment to returning value to shareholders.
Positive
- Quarterly dividend of $.31 per share announced.
- Continues commitment to shareholder value with regular dividend payments.
Negative
- None.
News Market Reaction – WMK
On the day this news was published, WMK gained 0.64%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SUNBURY, Pa., Oct. 29, 2020 /PRNewswire/ -- Weis Markets, Inc.'s (NYSE:WMK) Board of Directors today declared a quarterly dividend of $.31 per share to shareholders of record as of November 9, 2020, payable on November 23, 2020.
About Weis Markets
Founded in 1912, Weis Markets, Inc. is a Mid-Atlantic food retailer operating 195 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, Inc.