European Wax Center Declares Special Dividend

by Shivani Kumaresan, Benzinga Staff Writer

April 12, 2022 6:27 AM | 1 min read | Make a Comment

European Wax Center Inc EWCZ Board of Directors has declared a special cash dividend of $3.30 per share.
The dividend payment will be funded in part by the company’s business securitization, including $400 million of senior fixed-rate term notes.
The special cash dividend will be paid on May 6, 2022, to shareholders of record as of April 22, 2022.
Shareholders who sell their shares prior to April 21, 2022, the ex-dividend date, will also be selling their right to receive the special dividend.
Price Action: EWCZ shares closed higher by 1.19% at $29.80 on Monday.