National Beverage (FIZZ) Declares $1.50 Special Dividend; 3% Yield

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Go back to National Beverage (FIZZ) Declares $1.50 Special Dividend; 3% Yield

National Beverage Corp. Announces Special Dividend for FIZZ Shareholders

November 18, 2016 2:00 PM EST

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- National Beverage Corp. (NASDAQ: FIZZ) today stated that with revenues and cash flow growing exponentially, its Board of Directors has considered a range of options to maximize shareholder returns.

As a first step in this program, the Company has declared a cash dividend of $1.50 per share to shareholders of record on November 28, 2016. Payment date for this distribution shall be on or before January 27, 2017. Further, the Board has approved in concept an additional cash dividend, in an amount to be determined, to holders of record... More