J & J Snack Foods Corp. (NASDAQ:JJSF) announced a quarterly dividend on Wednesday, May 12th, Zacks reports. Investors of record on Monday, June 21st will be given a dividend of 0.633 per share on Monday, July 12th. This represents a $2.53 annualized dividend and a yield of 1.50%. The ex-dividend date of this dividend is Friday, June 18th. This is an increase from J & J Snack Foods’s previous quarterly dividend of $0.58.
J & J Snack Foods has increased its dividend by 34.5% over the last three years and has increased its dividend annually for the last 1 consecutive years.
Shares of NASDAQ JJSF opened at $169.32 on Friday. J & J Snack Foods has a twelve month low of $115.00 and a twelve month high of $169.88. The stock has a 50 day moving average of $161.03 and a two-hundred day moving average of $155.60. The stock has a market cap of $3.22 billion, a P/E ratio of 178.23 and a beta of 0.58.
Separately, Zacks Investment Research upgraded J & J Snack Foods from a “hold” rating to a “buy” rating and set a $176.00 price objective for the company in a research note on Wednesday, March 31st.
J & J Snack Foods Company Profile
J & J Snack Foods Corp. manufactures, markets, and distributes various nutritional snack foods and beverages to the food service and retail supermarket industries in the United States, Mexico, and Canada. It operates in three segments: Food Service, Retail Supermarkets, and Frozen Beverages. The company offers soft pretzels under the SUPERPRETZEL, PRETZEL FILLERS, PRETZELFILS, GOURMET TWISTS, MR.
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