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The Marzetti Company Continues Higher Cash Dividend; Board of Directors Sets Annual Meeting Date and Time
The Marzetti Company Continues Higher Cash Dividend; Board of Directors Sets Annual Meeting Date and Time

Yahoo

time6 days ago

  • Business
  • Yahoo

The Marzetti Company Continues Higher Cash Dividend; Board of Directors Sets Annual Meeting Date and Time

WESTERVILLE, Ohio, August 13, 2025--(BUSINESS WIRE)--The Marzetti Company (Nasdaq: MZTI) announced today that its Board of Directors has declared a quarterly cash dividend of 95 cents per common share, payable September 30, 2025 to shareholders of record on September 8, 2025. The quarterly cash dividend amount of 95 cents per share maintains the higher level set nine months ago, which marked the company's 62nd consecutive year of increased regular cash dividends. The Marzetti Company is one of only 12 U.S. companies with 62 straight years of regular cash dividend increases. CEO David A. Ciesinski said, "The dividend reflects the company's continued strong financial position and will be the 249th consecutive quarterly cash dividend paid by the company since September 1963." The company also announced that its Board of Directors has set the date and time for the annual meeting of shareholders to be 1:00 p.m. ET, Wednesday, November 19, 2025. The annual meeting will be a virtual-only format via live webcast and shareholders will be able to participate, vote and submit questions during the virtual meeting. The record date for shareholders entitled to vote at the meeting is Monday, September 22, 2025. Shareholders of record will receive additional details and instructions for meeting participation in the proxy materials that will be made available to them in October. Access to the live webcast of the shareholder meeting will also be available through the company's website at Common shares currently outstanding are approximately 27,534,000. The Marzetti Company is a manufacturer and marketer of specialty food products for the retail and foodservice channels. Forward-Looking Statements We desire to take advantage of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 (the "PSLRA"). This news release contains various "forward-looking statements" within the meaning of the PSLRA and other applicable securities laws. Such statements can be identified by the use of the forward-looking words "anticipate," "estimate," "project," "believe," "intend," "plan," "expect," "hope," "indicated" or similar words. These statements discuss future expectations; contain projections regarding future developments, operations or financial conditions; or state other forward-looking information. Such statements are based upon assumptions and assessments made by us in light of our experience and perception of historical trends, current conditions, expected future developments; and other factors we believe to be appropriate. These forward-looking statements involve various important risks, uncertainties and other factors, many of which are beyond our control, which could cause our actual results to differ materially from those expressed in the forward-looking statements. Some of the key factors that could cause actual results to differ materially from those expressed in the forward-looking statements include: changes in our cash flow or use of cash in various business activities; and risks related to other factors described under "Risk Factors" in other reports and statements filed by us with the Securities and Exchange Commission, including without limitation our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q (available at Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update such forward-looking statements, except as required by law. Management believes these forward-looking statements to be reasonable; however, you should not place undue reliance on statements that are based on current expectations. View source version on Contacts FOR FURTHER INFORMATION: Dale N. GanobsikVice President, Corporate Finance and Investor RelationsThe Marzetti CompanyPhone: 614/224-7141Email: ir@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

The Marzetti Company Continues Higher Cash Dividend; Board of Directors Sets Annual Meeting Date and Time
The Marzetti Company Continues Higher Cash Dividend; Board of Directors Sets Annual Meeting Date and Time

Business Wire

time6 days ago

  • Business
  • Business Wire

The Marzetti Company Continues Higher Cash Dividend; Board of Directors Sets Annual Meeting Date and Time

WESTERVILLE, Ohio--(BUSINESS WIRE)--The Marzetti Company (Nasdaq: MZTI) announced today that its Board of Directors has declared a quarterly cash dividend of 95 cents per common share, payable September 30, 2025 to shareholders of record on September 8, 2025. The quarterly cash dividend amount of 95 cents per share maintains the higher level set nine months ago, which marked the company's 62 nd consecutive year of increased regular cash dividends. The Marzetti Company is one of only 12 U.S. companies with 62 straight years of regular cash dividend increases. CEO David A. Ciesinski said, 'The dividend reflects the company's continued strong financial position and will be the 249 th consecutive quarterly cash dividend paid by the company since September 1963.' The company also announced that its Board of Directors has set the date and time for the annual meeting of shareholders to be 1:00 p.m. ET, Wednesday, November 19, 2025. The annual meeting will be a virtual-only format via live webcast and shareholders will be able to participate, vote and submit questions during the virtual meeting. The record date for shareholders entitled to vote at the meeting is Monday, September 22, 2025. Shareholders of record will receive additional details and instructions for meeting participation in the proxy materials that will be made available to them in October. Access to the live webcast of the shareholder meeting will also be available through the company's website at Common shares currently outstanding are approximately 27,534,000. The Marzetti Company is a manufacturer and marketer of specialty food products for the retail and foodservice channels. Forward-Looking Statements We desire to take advantage of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995 (the 'PSLRA'). This news release contains various 'forward-looking statements' within the meaning of the PSLRA and other applicable securities laws. Such statements can be identified by the use of the forward-looking words 'anticipate,' 'estimate,' 'project,' 'believe,' 'intend,' 'plan,' 'expect,' 'hope,' 'indicated' or similar words. These statements discuss future expectations; contain projections regarding future developments, operations or financial conditions; or state other forward-looking information. Such statements are based upon assumptions and assessments made by us in light of our experience and perception of historical trends, current conditions, expected future developments; and other factors we believe to be appropriate. These forward-looking statements involve various important risks, uncertainties and other factors, many of which are beyond our control, which could cause our actual results to differ materially from those expressed in the forward-looking statements. Some of the key factors that could cause actual results to differ materially from those expressed in the forward-looking statements include: changes in our cash flow or use of cash in various business activities; and risks related to other factors described under 'Risk Factors' in other reports and statements filed by us with the Securities and Exchange Commission, including without limitation our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q (available at Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update such forward-looking statements, except as required by law. Management believes these forward-looking statements to be reasonable; however, you should not place undue reliance on statements that are based on current expectations.

The Marzetti Company to Webcast Fourth Quarter and Fiscal Year 2025 Conference Call
The Marzetti Company to Webcast Fourth Quarter and Fiscal Year 2025 Conference Call

Business Wire

time07-08-2025

  • Business
  • Business Wire

The Marzetti Company to Webcast Fourth Quarter and Fiscal Year 2025 Conference Call

WESTERVILLE, Ohio--(BUSINESS WIRE)--The Marzetti Company (Nasdaq: MZTI) announced today that it will release its fourth quarter and fiscal year 2025 financial results prior to the opening of the market on Thursday, August 21, 2025. The company will also host a conference call that same day beginning at 10:00 am ET to review its financial results. The conference call will be webcast live via the Internet. To listen to the webcast, go to the company's website, click on the webcast link and enter your registration information. The Marzetti Company is a manufacturer and marketer of specialty food products for the retail and foodservice channels.

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