SUNBURY, Pa. — Weis Markets here on Friday said its board of directors approved a special $1 per share dividend as a reward to its shareholders. The one-time dividend is in addition to a quarterly dividend of 30 cents per share Weis also announced Friday. Robert F. Weis, chairman of the company. said Weis was “taking steps to reward shareholders,” while continuing an effort to grow. Weis has nearly 27 million shares outstanding, with around 65% controlled by the Weis family.
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.