John B. Sanfilippo & Son, Inc. (JBSS) to Distribute Special Dividend of $1.05 on September 9th

John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) announced a special dividend on Wednesday, July 15th. Stockholders of record on Monday, August 17th will be given a dividend of 1.05 per share on Wednesday, September 9th. The ex-dividend date of this dividend is Monday, August 17th.

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

John B. Sanfilippo & Son Price Performance

Shares of NASDAQ JBSS opened at $86.75 on Friday. John B. Sanfilippo & Son has a fifty-two week low of $59.07 and a fifty-two week high of $92.08. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 15.22 and a beta of 0.32. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.65 and a current ratio of 2.30. The firm’s 50-day simple moving average is $83.20 and its 200 day simple moving average is $80.15.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Freedom Capital upgraded John B. Sanfilippo & Son to a “hold” rating in a report on Tuesday, June 30th. Weiss Ratings upgraded John B. Sanfilippo & Son from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, June 11th. Finally, Wall Street Zen lowered John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from 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.