Financial Press Release
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|Nathan's Announces Quarterly Dividend Policy And Declares Quarterly Cash Dividend Of $.25 Per Share|
The Company noted that the dividend program was facilitated by the Company's operating performance and cash flows as well as anticipated tax savings as a result of the Tax Cuts and Jobs Act of 2017.
While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends, and the establishment of record and payment dates, are subject to final determination by the Board each quarter after its review of the Company's financial performance.
Nathan's is a Russell 2000 Company that currently distributes its products in 50 states, the
Except for historical information contained in this news release, the matters discussed are forward looking statements that involve risks and uncertainties. Words such as "anticipate", "believe", "estimate", "expect", "intend", and similar expressions identify forward-looking statements, which are based on the current belief of Nathan's management, as well as assumptions made by and information currently available to Nathan's management. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, Nathan's ability to continue paying a quarterly dividend, a decrease or other change in the cash dividend rate, and other risks and factors identified from time to time in Nathan's filings with the