National Beverage Corp. Trades Ex-Dividend
November 29 2018 - 2:02PM
Business Wire
In accordance with NASDAQ regulations, shares of National
Beverage Corp. (NASDAQ: FIZZ) began trading ‘ex-dividend’ today –
net of the $2.90 per share cash dividend declared on November 20,
2018. This special dividend will be distributed to shareholders of
record on November 30, 2018 and paid on or before January 29,
2019.
“While extremely proud that this dividend is the ninth in a
program that will have paid $14.56 per share, or $675 million, to
our shareholders since 2004, the recent circumstances relative to
the current market value decline is very disappointing. Our Brand
LaCroix is just as “healthy” as ever and the loyalty of the core
LaCroix consumer remains steadfast. The prominence that National
Beverage Corp. earned through industry-leading innovation continues
to offer retailers financial performance that is far superior to
its imitators,” stated Chairman and Chief Executive Officer, Nick
A. Caporella.
“We remain resolute in our innovative excellence and continue to
heighten the launch of our latest brand themes, LaCroix Coffea
Exotica, Cubana and Coconut Cola, to other parts of the country
throughout this holiday season and in the coming months of 2019.
Our LaCroix Holiday Variety Package, that has performed so well
these past few holiday seasons, is currently in the market for
those who wish a sparkling holiday “gift” for special pals and
buddies. Embrace the innocence,” concluded Caporella.
Our Way is Tastefully . . .Sparkling !!
Innovation should be new – but ours has the
‘essence’ to refresh and captivate with FIZZ + Fun
“Patriotism” – If Only We Could Bottle It!
This press release includes forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements involve risks, uncertainties and
other factors described in the Company's SEC filings which may
cause actual results or achievements to differ from the results or
achievements expressed or implied by such statements. The Company
disclaims an obligation to update or announce revisions to any
forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20181129005704/en/
Office of the Chairman, Grace Keene, 877-NBC-FIZZ
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