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Weis Markets Announces Quarterly Dividend

Weis Markets, Inc. (NYSE: WMK) has declared a quarterly dividend of $.31 per share for shareholders of record as of July 27, 2020, payable on August 10, 2020.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

Weis Markets, Inc. (NYSE: WMK) has declared a quarterly dividend of $.31 per share for shareholders of record as of July 27, 2020, payable on August 10, 2020. This consistent dividend payment reflects the company's commitment to providing returns to its investors. Weis Markets operates 197 stores across the Mid-Atlantic region, including states such as Pennsylvania, Maryland, and New Jersey, showcasing its robust business presence.

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Positive

  • Declared a quarterly dividend of $.31 per share, indicating a reliable income stream for shareholders.
  • Demonstrates continued commitment to shareholder returns.

Negative

  • None.
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+1.68% 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 +1.68%.

Data tracked by StockTitan Argus. Session date unavailable.

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SUNBURY, Pa., July 16, 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 July 27, 2020, payable on August 10, 2020.

"Weis

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.

"Cision" View original content to download multimedia:http://www.prnewswire.com/news-releases/weis-markets-announces-quarterly-dividend-301095167.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 on July 16, 2020?

Weis Markets declared a quarterly dividend of $.31 per share on July 16, 2020.

When is the dividend payment date for Weis Markets' declared dividend?

The dividend payment date for the declared dividend is August 10, 2020.

Who is eligible to receive the dividend from Weis Markets?

Shareholders of record as of July 27, 2020, are eligible to receive the dividend.

How often does Weis Markets pay dividends?

Weis Markets typically pays dividends quarterly, providing regular income to its shareholders.

What is the ticker symbol for Weis Markets?

The ticker symbol for Weis Markets is WMK.

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