Willamette Valley Vineyards Announces Annual Cash Dividend for Series A Redeemable Preferred Stock
Rhea-AI Summary
Willamette Valley Vineyards (NASDAQ: WVVI) declared an annual cash dividend of $0.22 per share on its Series A Redeemable Preferred stock (NASDAQ: WVVIP). The dividend is payable on December 31, 2025 to holders of record at the close of business on December 5, 2025. Future dividends will require approval by the board and will follow the terms of the company's Amended and Restated Certificate of Designation for the Series A Preferred stock.
The company is headquartered near Salem, Oregon, and its common stock trades on NASDAQ under the symbol WVVI. Forward-looking statements in the release are subject to customary risks and uncertainties.
Positive
- Declared cash dividend of $0.22 per Series A Preferred share
- Dividend payable Dec 31, 2025 with record date Dec 5, 2025
Negative
- Future dividends are subject to board approval and Certificate of Designation terms
News Market Reaction
On the day this news was published, WVVIP gained 0.15%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Willamette Valley Vineyards, Inc. is headquartered at its Estate Vineyard near
Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, and are identified by such words and phrases as "expects," "thinks," "believes," "anticipates" and words of similar import. Such forward-looking statements are subject to risks and uncertainties and actual results could differ materially from those projected. Such risks and uncertainties include, but are not limited to: availability of financing for growth, availability of adequate supply of high quality grapes, successful performance of internal operations, impact of competition, changes in wine broker or distributor relations or performance, impact of possible adverse weather conditions, impact of reduction in grape quality or supply due to disease or smoke from forest fires, changes in consumer spending, the reduction in consumer demand for premium wines, and the impact of the COVID-19 pandemic and the policies of
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SOURCE Willamette Valley Vineyards