By Katherine Hamilton
Utz Brands initiated an additional cash dividend of 1.1 cents a share on top of its regular 6.1 cent-per-share quarterly payout.
The salty snacks maker said Thursday the additional dividend is funded by some of the tax distribution that is in excess of the corporate taxes payable to the company.
The payment, which is an aggregate amount of about $950,000, is expected to be made on April 24 to stockholders of record on April 7.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
March 27, 2025 16:55 ET (20:55 GMT)
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