Utz Brands, Inc. (NYSE:UTZ) Announces $0.06 Quarterly Dividend

Utz Brands, Inc. (NYSE:UTZ) announced a quarterly dividend on Thursday, June 11th. Shareholders of record on Monday, June 22nd will be paid a dividend of 0.063 per share on Thursday, July 2nd. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date is Monday, June 22nd.

Utz Brands has raised its dividend by an average of 0.2%annually over the last three years and has increased its dividend annually for the last 3 consecutive years. Utz Brands has a payout ratio of 26.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Utz Brands to earn $0.83 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 30.1%.

Utz Brands Stock Performance

Shares of UTZ stock opened at $7.12 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.75 and a current ratio of 1.14. The company has a market capitalization of $1.02 billion, a P/E ratio of -71.14, a price-to-earnings-growth ratio of 2.59 and a beta of 0.83. The company’s 50 day moving average price is $7.51 and its two-hundred day moving average price is $8.82. Utz Brands has a 52 week low of $6.78 and a 52 week high of $14.67.

Utz Brands (NYSE:UTZ) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.01. The company had revenue of $361.30 million during the quarter, compared to analysts’ expectations of $361.77 million. Utz Brands had a negative net margin of 0.58% and a positive return on equity of 8.61%. The business’s quarterly revenue was up 2.6% on a year-over-year basis. During the same period last year, the business earned $0.16 EPS. Utz Brands has set its FY 2026 guidance at 0.771-0.795 EPS. On average, analysts expect that Utz Brands will post 0.78 earnings per share for the current fiscal year.

Utz Brands Company Profile

Utz Brands, Inc is a leading U.S. manufacturer and distributor of salty snack foods, offering a wide range of products including potato chips, pretzels, cheese snacks, popcorn and tortilla chips. Headquartered in Hanover, Pennsylvania, the company markets its snacks under several well-known brands and serves grocery, mass merchandise, club, convenience and online retailers throughout the United States.

Founded in 1921 by Bill and Salie Utz as a small country store operation, the business expanded gradually through direct delivery to local customers and sales to regional grocers.