Business Context and Reporting Period
Company: John B. Sanfilippo & Son, Inc. (JBSS)
Filing Type: Form 8-K (Current Report)
Date of Report: July 17, 2024
Reporting Period: Event date of July 17, 2024
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The document focuses exclusively on a capital distribution event.
Material Changes
The Board of Directors declared two dividends on July 17, 2024:
- Special Cash Dividend: $1.25 per share on Common Stock and Class A Common Stock.
- Annual Cash Dividend: $0.85 per share on Common Stock and Class A Common Stock.
Total Dividend: $2.10 per share.
Guidance, Outlook, and Management Commentary
Payment Details:
- Record Date: August 20, 2024 (close of business).
- Payment Date: September 11, 2024.
The filing contains no forward-looking guidance, risk factors, or management commentary beyond the announcement of the dividend declaration. No unusual items or contingencies were disclosed in this report.
Investor Verification Checklist
- Verify share ownership status as of the close of business on August 20, 2024, to confirm eligibility for the dividends.
- Confirm the total cash payout of $2.10 per share ($1.25 special + $0.85 annual) against personal holdings.
- Review the attached press release (Exhibit 99.1) for any additional context regarding the source of funds for the special dividend.