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%annually over the last three years and has increased its dividend every year for the last 8 years.

John B. Sanfilippo & Son Stock Performance

Shares of JBSS stock opened at $85.68 on Friday. The company has a current ratio of 2.30, a quick ratio of 0.65 and a debt-to-equity ratio of 0.10. John B. Sanfilippo & Son has a 12-month low of $59.07 and a 12-month high of $92.08. The business’s 50 day moving average is $80.09 and its two-hundred day moving average is $78.59. The company has a market capitalization of $1.00 billion, a P/E ratio of 15.03 and a beta of 0.32.

John B. Sanfilippo & Son (NASDAQ:JBSS) last announced its earnings results on Wednesday, April 29th. The company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.27. John B. Sanfilippo & Son had a return on equity of 18.11% and a net margin of 5.76%.The business had revenue of $281.78 million during the quarter, compared to the consensus estimate of $260.82 million. Analysts expect that John B. Sanfilippo & Son will post 5.85 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have issued reports on JBSS shares. Freedom Capital raised shares of John B. Sanfilippo & Son to a “hold” rating in a report on Tuesday, June 30th. Wall Street Zen cut shares of John B. Sanfilippo & Son from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, Weiss Ratings upgraded shares of John B. Sanfilippo & Son from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, John B. Sanfilippo & Son has an average rating of “Hold” and a consensus price target of $109.00.

About John B. Sanfilippo & Son

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.