Utz Brands Boosts Dividend, Expands Market Presence

Utz Brands, a leading snack food company, saw its stock price surge by over 2.5% following a 3.3% increase in its quarterly cash dividend. This marks the fifth consecutive year of dividend hikes, signaling the companys financial strength and growth confidence. Recent positive developments include better-than-expected third-quarter revenues and plans to expand in California, the largest salty snack market in the US. Utz Brands appears to be solidifying its position and rewarding investors in the competitive snack food industry.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.