Dividend Declared by Weis Markets! – Get the Details Here! in this article. Weis Markets, Inc. engages in the retail sale of food through a chain of supermarkets in Pennsylvania and surrounding states and has announced a dividend payout of $0.34 per stock.
This dividend announcement comes after a strong performance by the company in the fiscal year 2022, with Weis Markets reporting total revenue of 4.70 billion USD with a total net income of 125.20 million USD. The company’s total revenue from operations also saw healthy growth.
The dividend announcement is a reflection of Weis Markets’ strong financial performance and its commitment to creating value for its shareholders. Investors who are looking for long-term investments with consistent dividend income can consider adding Weis Markets to their investment portfolio.
The dividend payout of $0.34 per stock represents a dividend yield of approximately 1.63% based on Weis Markets’ current market price of $83.50 per stock.
Investors who hold Weis Markets stocks are likely to benefit from this announcement as they will receive the dividend payout. Weis Markets’ dividend announcement is expected to be well-received by its investors, as it indicates the company’s commitment to sharing its profits with its shareholders.
The ex-dividend date is 5 May 2023. Therefore, investors who wish to receive the dividend must purchase Weis Markets stocks before 5 May 2023.
Weis Markets Dividend History | Dividend Declared by Weis Markets!
Weis Markets Dividend – The current dividend yield of Weis Markets is 1.63%.
| Dividend | Amount | Date |
| Cash Dividend | $0.340 | Feb 10, 2023 |
| Cash Dividend | $0.340 | Nov 4, 2022 |
| Cash Dividend | $0.320 | Jul 22, 2022 |
| Cash Dividend | $0.320 | May 6, 2022 |
| Cash Dividend | $0.320 | Feb 11, 2022 |
| Cash Dividend | $0.320 | Nov 5, 2021 |
Dividend Stocks 2023
Weis Markets, Inc. engages in the retail sale of food through a chain of supermarkets in Pennsylvania and surrounding states
Weis Markets management:
Chairman, President, and Chief Executive Officer – Jonathan H. Weis
Website: weismarkets.com
Conclusion
In conclusion, Weis Markets’ dividend announcement of $0.34 is a positive development for investors who hold stocks in the company. Investors should take note of the ex-dividend date of May 5, 2023, and consider adding Weis Markets to their investment portfolio for long-term growth and consistent dividend income.
Disclaimer: This is not investment advice, this information is only for educational purposes.
FAQ | Best Dividend Stocks 2023
Is Weis Markets a good investment?
As per experts, Weis Markets looks suitable for long-term investment.
Is Weis Markets Government or Private?
Weis Markets is a private company.
Is Weis Markets a dividend-paying stock?
Yes, Weis Markets is a dividend-paying stock. The current dividend yield of Weis Markets is 2.23%.
What does Weis Markets do?
Weis Markets, Inc. engages in the retail sale of food through a chain of supermarkets in Pennsylvania and surrounding states
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