Key Insights on Utz Brands: Dividend and Market News Ahead of Jun 16, 2025, Ex-Dividend Date

Utz Brands has announced its upcoming dividend details. With an ex-dividend date set for Jun 16, 2025, shareholders can anticipate a dividend payment of $0.061 per share on Jul 3, 2025. This marks a slight increase compared to the average of the last 10 dividends, which stands at approximately $0.050. The announcement was made on Jun 5, 2025. Notably, the company had previously declared a dividend of the same amount, $0.061 per share, on Apr 24, 2025, indicating a consistent payout trend. The dividend type is a cash dividend.

Recent developments surrounding Utz Brands have captured significant attention. Recently, the company has been involved in strategic decisions impacting its operations. It was reported that Utz Brands plans to streamline its operations by closing its oldest manufacturing plant in Hanover, MD, by the first quarter of 2024. This move is part of broader initiatives aimed at supporting long-term growth and enhancing operational efficiency.

Over the past week, Utz Brands has also experienced changes in its stock performance. As of Jun 9, 2025, the stock moved above its 50-day moving average, signaling a transition from a downward to an upward trend. This shift suggests potential positive market momentum for Utz Brands, which could influence investor confidence and stock performance in the near future.

Additionally, there have been discussions about Utz Brands' financial health and market positioning. Analysts indicated that the company is poised for substantial top-line growth, driven by strong distribution gains, expansion into new markets, and the momentum of its premium brand offerings. These factors are likely to contribute to the company's competitive edge and long-term success.

As investors consider their positions in Utz Brands, it's crucial to note that Jun 16, 2025, is the last day to purchase the company's stock to qualify for the upcoming dividend. Any acquisitions made after this date will not be eligible for the dividend payout.