National Beverage Corp. (FIZZ) Plans Special Dividend of $2.90

National Beverage Corp. (NASDAQ:FIZZ) declared a special dividend on Tuesday, November 20th, Fidelity reports. Shareholders of record on Friday, November 30th will be paid a dividend of 2.90 per share on Tuesday, January 29th. The ex-dividend date of this dividend is Thursday, November 29th. This is a boost from National Beverage’s previous special dividend of $1.50.

NASDAQ FIZZ traded up $0.05 during trading on Friday, reaching $93.03. 47,148 shares of the company’s stock were exchanged, compared to its average volume of 208,316. The company has a market cap of $4.34 billion, a PE ratio of 29.16 and a beta of 1.17. National Beverage has a fifty-two week low of $83.78 and a fifty-two week high of $127.32.

National Beverage (NASDAQ:FIZZ) last issued its quarterly earnings data on Thursday, September 6th. The company reported $1.04 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.04. National Beverage had a return on equity of 51.15% and a net margin of 15.90%. The company had revenue of $292.59 million during the quarter, compared to analysts’ expectations of $288.40 million. Equities analysts forecast that National Beverage will post 3.83 EPS for the current fiscal year.

A number of equities research analysts have recently issued reports on FIZZ shares. Susquehanna Bancshares reduced their price objective on National Beverage from $138.00 to $118.00 in a report on Thursday, November 15th. BidaskClub cut National Beverage from a “strong-buy” rating to a “buy” rating in a report on Thursday, August 30th. ValuEngine upgraded National Beverage from a “hold” rating to a “buy” rating in a report on Wednesday, October 24th. Finally, Zacks Investment Research upgraded National Beverage from a “sell” rating to a “hold” rating in a report on Tuesday, September 18th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $101.00.

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About National Beverage

National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company offers beverages to the active and health-conscious consumers, including sparkling waters, energy drinks, and juices under the LaCroix, LaCroix Cúrate, LaCroix NiCola, Shasta Sparkling Water, the Rip It, Everfresh, Everfresh Premier Varietals, and Mr.

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