National Beverage Corp. Pays $2.90 Per Share Cash Dividend
January 29 2019 - 9:30AM
Business Wire
National Beverage Corp. (NASDAQ: FIZZ) today
paid its ninth special cash dividend to holders of record on
November 30, 2018, and released the following letter to
shareholders written by Nick A. Caporella, Chairman and Chief
Executive Officer:
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20190129005271/en/
(Photo: Business Wire)
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January 29, 2019
Dear Fellow FIZZ Holder:
I’ve shared this statement with you before – and I believe in it
so strongly, I hope you don’t mind that I share it once again:
Companies do not end up doing good
for their shareholders . . .
They start – with their commitment to the
shareholders – and make good on IT!
Cumulatively from 2004, we have paid a total of $14.56 per share
or 93% of our total earnings. This success has been achieved while
growing our brands and maintaining a debt-free balance sheet.
I personally want to extend my deepest appreciation to those
long-term shareholders who have firmly expressed their loyal and
unconditional support of National Beverage throughout the years.
You are dear to me and provide the stimulus that drives passion and
commitment. I am grateful you are part of our wonderful company – a
unique company that thrives on caring, innovation and the quest for
excellence.
We are more determined than ever in our mission to help make
America healthy and to secure our position as the dominant leader
in the sparkling water category. We are launching ingenious LaCroix
themes while exciting our discriminating consumers’ taste buds.
FIZZ shareholders are well aware of the nature of news in our
country today. Political debate and social media have created a
divisive polarization. As quoted in Time magazine, “Online, lies
and truth look the same. This has been a boon for professional
liars, who take advantage of the fact that two-thirds of Americans
get their news from social media . . .” These professional liars
used these same platforms to falsely attack our brand
integrity.
You can be assured our Board of Directors, all of Team National
and I have proven our commitment to maximize shareholder value.
This special dividend gives you, our shareholder, the option to
decide your best reinvestment strategy.
Thank you for your steadfast support . . . together let’s
‘Embrace the Innocence!’
With best regards and
continued commitment,
Nick A. Caporella
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190129005271/en/
Office of the Chairman, Grace Keene, 877-NBC-FIZZ
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