John B Sanfilippo & Son (JBSS) will pay a dividend of $0.50 per share in August. Also a $2.00 per share special dividend will be paid. Previously the food processing company had only paid annual special dividends.

The Special Dividend and the Annual Dividend will be paid on August 15, 2017 to stockholders of record as of the close of business on August 2, 2017.

“We are pleased to announce the $2.00 per share Special Dividend and our first annual dividend of $0.50 per share pursuant to our Dividend Policy,” stated Jeffrey T. Sanfilippo, Chairman and Chief Executive Officer. “Our financial performance in the first three quarters of fiscal 2017 has provided us the opportunity to return profits to our stockholders through these dividends. These dividends, like our previous dividends, further reinforces our goal of creating long-term stockholder value through the responsible use of cash. These dividends would not be possible without the hard work and dedication of all our employees,” Mr. Sanfilippo concluded.

John B. Sanfilippo & Son, Inc. is a processor, packager, marketer and distributor of nut and dried fruit based products that are sold under a variety of private brands and under the Company’s Fisher, Orchard Valley Harvest, and Sunshine Country brand names.