Utz Brands, Inc. (UTZ) To Go Ex-Dividend on December 15th

Utz Brands, Inc. (NYSE:UTZ) declared a quarterly dividend on Thursday, December 4th. Stockholders of record on Monday, December 15th will be paid a dividend of 0.063 per share on Friday, January 2nd. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Monday, December 15th. This is a 3.3% increase from Utz Brands’s previous quarterly dividend of $0.06.

Utz Brands has a payout ratio of 26.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect Utz Brands to earn $0.92 per share next year, which means the company should continue to be able to cover its $0.25 annual dividend with an expected future payout ratio of 27.2%.

Utz Brands Price Performance

Utz Brands stock traded up $0.43 during trading on Friday, reaching $10.24. The company had a trading volume of 1,533,007 shares, compared to its average volume of 1,409,512. The firm has a market capitalization of $1.46 billion, a PE ratio of 146.33, a price-to-earnings-growth ratio of 1.33 and a beta of 0.93. The firm’s 50-day simple moving average is $10.75 and its 200 day simple moving average is $12.36. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.80 and a current ratio of 1.22. Utz Brands has a 1-year low of $9.19 and a 1-year high of $17.78.

Utz Brands (NYSE:UTZ) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.23 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.23. The business had revenue of $377.80 million for the quarter, compared to the consensus estimate of $374.25 million. Utz Brands had a net margin of 0.39% and a return on equity of 8.12%. The company’s revenue was up 3.4% compared to the same quarter last year. During the same period last year, the firm posted $0.21 earnings per share. Utz Brands has set its FY 2025 guidance at 0.824-0.847 EPS. As a group, equities research analysts anticipate that Utz Brands will post 0.85 earnings per share for the current fiscal year.

Utz Brands Company Profile

Utz Brands, Inc engages in manufacture, marketing, and distribution of snack foods. It offers a range of salty snacks, including salty snacks, including potato chips, tortilla chips, pretzels, cheese snacks, pork skins, veggie snacks, pub/party mixes, tortilla chips, salsa and dips, ready-to-eat popcorn, and other snacks under the Utz, Zapp’s, ON THE BORDER, Golden Flake, Boulder Canyon, Hawaiian, TORTIYAHS!, etc.