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Stock impact report

Utz Brands, Inc. Increases Quarterly Cash Dividend

Utz Brands Inc Class A (UTZ) 
Company Research Source: Business Wire
HANOVER, Pa.--(BUSINESS WIRE)--Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks and a small-cap value and growth Staples equity, today announced that its Board of Directors has approved an annual dividend increase from $0.236(1) to $0.244 per share. The increase is effective as of today, and the Utz Board of Directors has declared a regular quarterly cash dividend of approximately $0.061 per share on the Company’s Class A Common Stock. Payment is expected to be made by the Company on January 2, 2025, to stockholders of record at the close of business on December 16, 2024.The cash dividend will be funded by cash distributions made by Utz Brands Holdings, LLC (“Utz Brands Holdings”) to Utz and the other holders of Utz Brands Holdings’ common units on a pro-rata basis.Future declarations of quarterly or other dividends are subject to the determination and discretion of Utz’s Board of Directors based on its consideration of var Show less Read more
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