John B. Sanfilippo & Son Declares $2.00 Special Dividend, Payable Dec. 18
The board also authorized a $20 million stock repurchase program, which runs for two years.
Key terms
- Special dividend: $2.00 per share on Common and Class A Common Stock, about $24.0 million total
- Record date: Dec. 4, 2026; payment date: Dec. 18, 2026
- Repurchase program: up to $20.0 million of Common Stock, effective for two years
John B. Sanfilippo & Son (Nasdaq: JBSS) declared a special cash dividend of $2.00 per share, the company said in an 8-K filed Thursday, Nov. 12, 2026.
The dividend applies to all issued and outstanding shares of Common Stock and Class A Common Stock. The company said the payout will return approximately $24.0 million to stockholders. It will be paid on Dec. 18, 2026, to holders of record at the close of business on Dec. 4, 2026.
The filing did not describe a regular dividend for comparison, and it did not say how the payout would be funded beyond the company's statement that its balance sheet and cash generation provide flexibility.
Repurchase program
The same day, the board authorized a stock repurchase program of up to $20.0 million of Common Stock. The program covers Common Stock only and does not authorize buybacks of Class A Common Stock. Purchases may be made in open-market transactions or under a Rule 10b5-1 trading plan. The company is not obligated to buy any shares, and the program remains in effect for two years unless the board changes or ends it.
Company context
In its latest reported quarter, ended Sept. 24, 2026, the company reported revenue of $288.1 million, down 4% from a year earlier, and diluted earnings per share of $1.11, compared with $1.59 a year earlier. Cash and equivalents were $2.0 million as of that date.
Sources
Written with AI from the company's SEC filing and our market data, and checked against those sources before publishing. Our editorial standards.
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More on Sanfilippo John B & SON
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