Market Overview

National Beverage Corp. ‘Acts' in Favor of Cash Dividend for $2.30 Per Share


Today, December 6, 2010, being the latest effective date by regulation and time requirement in which to secure preferential tax treatment for their shareholders, the Board of Directors has acted to guard their shareholder interests by declaring a cash dividend of $2.30 per share. This dividend shall be payable to shareholders of record as of the close of business on December 16, 2010. Under Delaware law, the State in which the Company is incorporated, payment of dividends shall be made no later than 60 days after record date or, in this case, on or before February 14, 2011. NASDAQ shall require ex-dividend trading of National Beverage Common Stock (FIZZ) effective market opening on December 14, 2010.

“While the Board and management are joyful and uplifted for the shareholders, the Company's balance sheet and prudent management philosophy enabled the Board's actions and will not impair or negatively influence the Company's future performance in any way,” stated Nick A. Caporella, Chairman and Chief Executive Officer.

Posted-In: News Dividends


Related Articles (FIZZ)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at