Utz Brands, Inc. operates as a snack food manufacturing company. It offers a range of salty snacks, including potato chips, kettle chips, tortilla chips, pretzels, cheese snacks, veggie snacks, pork skins, pub/party mixes, salsa and queso, ready-to-eat popcorn, and other snacks under the Utz, Zapp's, ON THE BORDER, Golden Flake, Good Health, Boulder Canyon, Hawaiian, TGIF, TORTIYAHS!, and other brand names. The company distributes its products to grocery, mass, club, convenience, drug, and other retailers though direct shipments, distributors, and direct store delivery routes. Utz Brands, Inc. was founded in 1921 and is headquartered in Hanover, Pennsylvania.
Utz Brands Dividend Announcement
• Utz Brands announced a quarterly dividend of $0.07 per ordinary share which will be made payable on 2024-10-03. Ex dividend date: 2024-09-16
• Utz Brands annual dividend for 2024 was $0.21
• Utz Brands annual dividend for 2023 was $0.23
• Utz Brands's trailing twelve-month (TTM) dividend yield is 1.94%
• Utz Brands's payout ratio for the trailing twelve months (TTM) is -93.48%
Utz Brands Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-16 | $0.07 | quarterly | 2024-10-03 |
2024-06-17 | $0.08 | quarterly | 2024-07-03 |
2024-04-12 | $0.06 | quarterly | 2024-05-02 |
2023-12-15 | $0.06 | quarterly | 2024-01-04 |
2023-09-15 | $0.06 | quarterly | 2023-10-05 |
2023-06-15 | $0.06 | quarterly | 2023-07-06 |
2023-04-14 | $0.06 | quarterly | 2023-05-04 |
2022-12-16 | $0.06 | quarterly | 2023-01-05 |
2022-09-16 | $0.05 | quarterly | 2022-10-06 |
2022-06-16 | $0.05 | quarterly | 2022-07-07 |
2022-04-14 | $0.05 | quarterly | 2022-04-28 |
2021-12-17 | $0.05 | quarterly | 2022-01-10 |
2021-09-17 | $0.05 | quarterly | 2021-10-11 |
2021-06-18 | $0.05 | quarterly | 2021-07-12 |
2021-04-16 | $0.05 | quarterly | 2021-05-10 |
2020-12-18 | $0.06 | quarterly | 2021-01-11 |
2020-09-18 | $0.05 | quarterly | 2020-10-13 |
Utz Brands Dividend per year
Utz Brands Dividend growth
Utz Brands Dividend Yield
Utz Brands current trailing twelve-month (TTM) dividend yield is 1.94%. Interested in purchasing Utz Brands stock? Use our calculator to estimate your expected dividend yield:
Utz Brands Financial Ratios
Utz Brands Dividend FAQ
Other factors to consider when evaluating Utz Brands as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Utz Brands's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Utz Brands publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Utz Brands distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Utz Brands are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Utz Brands sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Utz Brands distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Utz Brands declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Utz Brands's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Utz Brands's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.