UTZ Brands Inc (UTZ) To Go Ex-Dividend on September 18th

UTZ Brands Inc (NYSE:UTZ) announced a quarterly dividend on Thursday, September 10th, Zacks reports. Investors of record on Monday, September 21st will be paid a dividend of 0.05 per share on Tuesday, October 13th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date is Friday, September 18th.

UTZ Brands has a dividend payout ratio of 50.0% indicating that its dividend is sufficiently covered by earnings.

UTZ Brands stock opened at $18.06 on Wednesday. The company has a 50-day simple moving average of $15.01. UTZ Brands has a one year low of $9.84 and a one year high of $19.16.

A number of equities research analysts have commented on UTZ shares. DA Davidson started coverage on UTZ Brands in a research note on Thursday, July 2nd. They issued a “buy” rating and a $17.00 price target for the company. Piper Sandler initiated coverage on UTZ Brands in a research note on Wednesday. They issued a “neutral” rating and a $18.00 price target for the company.

UTZ Brands Company Profile

UTZ Brands Inc does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company focuses on searching for a business in the consumer goods industry and related sectors.

See Also: Exchange-Traded Funds (ETFs)

Receive News & Ratings for UTZ Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UTZ Brands and related companies with MarketBeat.com's FREE daily email newsletter.