Today, July 11, 2023, J&J Snack Foods JJSF will distribute a dividend payout of $0.70 per share, highlighting an annualized dividend yield of 1.79%. Shareholders who owned the stock before the ex-dividend date on June 16, 2023 will be eligible for this payout.
J&J Snack Foods Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-06-16 | 4 | $0.7 | 1.79% | 2023-05-19 | 2023-06-20 | 2023-07-11 |
| 2023-03-20 | 4 | $0.7 | 1.99% | 2023-02-15 | 2023-03-21 | 2023-04-11 |
| 2022-12-16 | 4 | $0.7 | 1.96% | 2022-11-10 | 2022-12-19 | 2023-01-10 |
| 2022-09-16 | 4 | $0.7 | 1.95% | 2022-08-11 | 2022-09-19 | 2022-10-11 |
| 2022-06-16 | 4 | $0.63 | 2.06% | 2022-05-20 | 2022-06-20 | 2022-07-11 |
| 2022-03-21 | 4 | $0.63 | 1.61% | 2022-02-18 | 2022-03-22 | 2022-04-12 |
| 2021-12-17 | 4 | $0.63 | 1.64% | 2021-11-12 | 2021-12-20 | 2022-01-11 |
| 2021-09-17 | 4 | $0.63 | 1.56% | 2021-08-06 | 2021-09-20 | 2021-10-11 |
| 2021-06-18 | 4 | $0.63 | 1.53% | 2021-05-12 | 2021-06-21 | 2021-07-12 |
| 2021-03-19 | 4 | $0.57 | 1.45% | 2021-02-11 | 2021-03-22 | 2021-04-13 |
| 2020-12-18 | 4 | $0.57 | 1.56% | 2020-12-08 | 2020-12-21 | 2021-01-12 |
| 2020-09-28 | 4 | $0.57 | 1.71% | 2020-09-18 | 2020-09-29 | 2020-10-13 |
With a dividend yield that places it neither at the top nor the bottom, J&J Snack Foods finds itself in the middle among its industry peers, while Cal-Maine Foods CALM boasts the highest annualized dividend yield at 11.74%.
Analyzing J&J Snack Foods Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
The company demonstrated a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $2.08 to $2.66. This signifies the company's commitment to consistently increasing shareholder dividends.
YoY Earnings Growth For J&J Snack Foods
From 2019 to 2022, J&J Snack Foods experienced a decrease in earnings per share, dropping from $5.07 to $2.73. This declining earnings trend may be worrisome for income-seeking investors, as it indicates a potential impact on the company's ability to sustain or increase its cash dividend payouts. Further analysis is necessary to understand the underlying reasons for this decrease.
Recap
This article provides an in-depth analysis of J&J Snack Foods's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.70 per share, resulting in an annualized dividend yield of 1.79%.
With a dividend yield that places it neither at the top nor the bottom, J&J Snack Foods finds itself in the middle among its industry peers, while Cal-Maine Foods boasts the highest annualized dividend yield at 11.74%.
The rising dividend per share and declining earnings per share of J&J Snack Foods from 2019 to 2022 indicate a deliberate choice to prioritize dividend distribution over earnings performance.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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