National Beverage announced that its Board of Directors has declared a special cash dividend of $3.25 per share to shareholders of record on June 24. FIZZ will trade ex-dividend on June 24 and the payment date for this dividend will be on or before July 24. “With this special dividend, our twelfth in the past 20 years, FIZZ holders will have received $16.53 per share, or over $1.5 B ,” stated a company spokesperson. “Our consistent performance in unusual circumstances and excellent, innovative products continue to generate superior operating cash flows while maintaining one of the industry’s strongest balance sheets. We most recently reported eleven consecutive quarters of record sales coupled with improving gross profits and operating income.”
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