Weis Markets, Inc. engages in the retail sale of food through a chain of supermarkets in Pennsylvania and surrounding states. The company's retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, and fuel; and general merchandise items, such as health and beauty care, and household products. It operates stores primarily under the Weis Markets name, as well as Weis, Weis 2 Go, Weis Great Meals Start Here, Weis Gas-n-Go, and Weis Nutri-Facts. As of March 7, 2022, the company owned and operated 197 stores in Pennsylvania, Maryland, Delaware, New Jersey, New York, West Virginia, and Virginia. Weis Markets, Inc. was founded in 1912 and is based in Sunbury, Pennsylvania.
Weis Markets Dividend Announcement
• Weis Markets announced a quarterly dividend of $0.34 per ordinary share which will be made payable on 2024-11-26. Ex dividend date: 2024-11-12
• Weis Markets annual dividend for 2024 was $1.36
• Weis Markets annual dividend for 2023 was $1.36
• Weis Markets's trailing twelve-month (TTM) dividend yield is 1.84%
• Weis Markets's payout ratio for the trailing twelve months (TTM) is 38.19%
• Weis Markets's dividend growth over the last five years (2018-2023) was 2.36% year
• Weis Markets's dividend growth over the last ten years (2013-2023) was 1.26% year
Weis Markets Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-12 | $0.34 | quarterly | 2024-11-26 |
2024-07-29 | $0.34 | quarterly | 2024-08-12 |
2024-05-10 | $0.34 | quarterly | 2024-05-28 |
2024-02-15 | $0.34 | quarterly | 2024-03-04 |
2023-11-03 | $0.34 | quarterly | 2023-11-20 |
2023-08-04 | $0.34 | quarterly | 2023-08-21 |
2023-05-05 | $0.34 | quarterly | 2023-05-22 |
2023-02-10 | $0.34 | quarterly | 2023-02-27 |
2022-11-04 | $0.34 | quarterly | 2022-11-21 |
2022-07-22 | $0.32 | quarterly | 2022-08-08 |
2022-05-06 | $0.32 | quarterly | 2022-05-23 |
2022-02-11 | $0.32 | quarterly | 2022-02-28 |
2021-11-05 | $0.32 | quarterly | 2021-11-22 |
2021-07-23 | $0.31 | quarterly | 2021-08-09 |
2021-05-07 | $0.31 | quarterly | 2021-05-24 |
2021-02-12 | $0.31 | quarterly | 2021-03-02 |
2020-11-06 | $0.31 | quarterly | 2020-11-23 |
2020-07-24 | $0.31 | quarterly | 2020-08-10 |
2020-05-08 | $0.31 | quarterly | 2020-05-26 |
2020-02-14 | $0.31 | quarterly | 2020-03-03 |
2019-11-07 | $0.31 | quarterly | 2019-11-25 |
2019-07-26 | $0.31 | quarterly | 2019-08-12 |
2019-05-03 | $0.31 | quarterly | 2019-05-20 |
2019-02-15 | $0.31 | quarterly | 2019-03-05 |
2018-11-08 | $0.31 | quarterly | 2018-11-26 |
2018-07-27 | $0.30 | quarterly | 2018-08-13 |
2018-05-04 | $0.30 | quarterly | 2018-05-21 |
2018-02-09 | $0.30 | quarterly | 2018-02-26 |
2017-11-03 | $0.30 | quarterly | 2017-11-20 |
2017-07-27 | $0.30 | quarterly | 2017-08-14 |
2017-05-04 | $0.30 | quarterly | 2017-05-22 |
2017-02-09 | $0.30 | quarterly | 2017-02-27 |
2016-10-27 | $0.30 | quarterly | 2016-11-14 |
2016-07-14 | $0.30 | quarterly | 2016-08-01 |
2016-04-28 | $0.30 | quarterly | 2016-05-16 |
2016-02-11 | $0.30 | quarterly | 2016-03-01 |
2015-11-24 | $0.30 | quarterly | 2015-12-11 |
2015-07-16 | $0.30 | quarterly | 2015-08-03 |
2015-04-30 | $0.30 | quarterly | 2015-05-18 |
2015-02-12 | $0.30 | quarterly | 2015-03-03 |
2014-10-30 | $0.30 | quarterly | 2014-11-17 |
2014-07-17 | $0.30 | quarterly | 2014-08-04 |
2014-05-01 | $0.30 | quarterly | 2014-05-19 |
2014-02-13 | $0.30 | quarterly | 2014-03-04 |
2013-10-31 | $0.30 | quarterly | 2013-11-18 |
2013-07-18 | $0.30 | quarterly | 2013-08-05 |
2013-05-02 | $0.30 | quarterly | 2013-05-20 |
2013-02-14 | $0.30 | quarterly | 2013-03-05 |
Weis Markets Dividend per year
Weis Markets Dividend growth
Weis Markets Dividend Yield
Weis Markets current trailing twelve-month (TTM) dividend yield is 1.84%. Interested in purchasing Weis Markets stock? Use our calculator to estimate your expected dividend yield:
Weis Markets Financial Ratios
Weis Markets Dividend FAQ
Other factors to consider when evaluating Weis Markets 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: Weis Markets'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, Weis Markets 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, Weis Markets 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 Weis Markets 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: Weis Markets 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, Weis Markets distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Weis Markets 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 Weis Markets'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 Weis Markets'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.