European Wax Center (EWCZ) Declares $3.30 Special Dividend; 11.1% Yield
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European Wax Center, Inc. Announces Special Cash Dividend
April 11, 2022 5:51 PM EDTPLANO, Texas, April 11, 2022 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, today announced that its Board of Directors has declared a special cash dividend of $3.30 per share to holders of Class A common stock and equivalent payments to unit holders of EWC Ventures, LLC funded in part by its completed whole business securitization, which included $400 million of senior fixed-rate term notes.
David Berg, Chief Executive Officer of European Wax Center Inc., stated: Todays... More
