John B. Sanfilippo & Son, Inc. (JBSS) to Issue Special Dividend of $1.50 on May 21st

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) announced a special dividend on Monday, March 30th. Stockholders of record on Monday, April 27th will be given a dividend of 1.50 per share on Thursday, May 21st. The ex-dividend date is Monday, April 27th.

John B. Sanfilippo & Son has decreased its dividend payment by an average of 0.2%annually over the last three years and has increased its dividend annually for the last 8 consecutive years.

John B. Sanfilippo & Son Stock Up 0.1%

Shares of John B. Sanfilippo & Son stock opened at $79.33 on Wednesday. John B. Sanfilippo & Son has a 1 year low of $58.47 and a 1 year high of $85.15. The firm has a market cap of $927.37 million, a price-to-earnings ratio of 13.24 and a beta of 0.35. The company has a 50-day moving average of $78.29 and a 200 day moving average of $71.68. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.27 and a quick ratio of 0.69.

John B. Sanfilippo & Son (NASDAQ:JBSS) last posted its quarterly earnings data on Thursday, January 29th. The company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.36 by $0.17. John B. Sanfilippo & Son had a net margin of 6.15% and a return on equity of 19.54%. The business had revenue of $314.78 million for the quarter, compared to analyst estimates of $313.43 million.

Analyst Ratings Changes

A number of analysts have recently commented on JBSS shares. Weiss Ratings reissued a “hold (c-)” rating on shares of John B. Sanfilippo & Son in a research report on Monday, December 29th. BWS Financial reiterated a “buy” rating and set a $109.00 price objective on shares of John B. Sanfilippo & Son in a research note on Monday, February 2nd. Wall Street Zen raised John B. Sanfilippo & Son from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 21st. Finally, Zacks Research cut John B. Sanfilippo & Son from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 2nd. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $109.00.

John B. Sanfilippo & Son Company Profile

John B. Sanfilippo & Son, Inc is a family?held processor and marketer of tree nuts and snack nut products. Headquartered in Elgin, Illinois, the company operates manufacturing facilities, processing plants and sales offices across the United States and abroad. It supplies a broad range of channels, including retail, foodservice, industrial and private?label customers.

The company’s product portfolio spans in?shell and shelled pecans, walnuts, almonds, cashews, pistachios and peanuts, as well as mixed?nut blends, chocolate?covered treats, granolas and specialty snack items.