Better Choice Company Adjusts Stock Dividend Timeline and Details
Adjustments to Stock Dividend Dates by Better Choice Company
Better Choice Company, Inc. (NYSE American: BTTR), recognized for its commitment to pet health and wellness, has recently updated its stock dividend information that shareholders should be aware of. This announcement signifies a vital step for the company while facilitating its financial strategies for an engaged community of pet parents.
Details on the Stock Dividend
Initially, Better Choice's Board of Directors declared a stock dividend of 0.35 for every share held. This initiative is part of their strategy to reward shareholders while aligning with the company's growth and focus on enhancing the lives of pets. The original payable date was set for a specific date, but due to a careful review by the Board, it has now shifted.
Changes in Payment Timeline
What started as a payment date has evolved. Shareholders will now see the dividend payable on a later date, specifically on April 29. This change is aimed at ensuring that all stakeholders benefit from the latest developments in the betterment of their stock conditions. The record date for identifying which shareholders are entitled to this dividend has changed as well, with an updated date to April 28. These moves reflect the company’s proactive approach to ensuring effective shareholder communication.
Trading with Due Bills
Throughout the due bill period, trading will occur from April 28 through April 29. Potential investors and current shareholders are advised to take note of the ex-dividend date, which will follow the payment date on April 30. Holding stock through the adjusted payment date will be crucial for those looking to gain the benefits from this dividend.
About Better Choice Company
Established to innovate in pet care, Better Choice Company has distinguished itself in the pet health and wellness sector. Their unique approach prioritizes nutrition, providing high-quality products for pet owners keen on extending their pets' lives in a healthy manner. The company places considerable emphasis on the pet humanization trend, catering to consumers’ desires for healthier and sustainable pet food options.
The Halo Brand
The flagship brand, Halo, represents Better Choice’s dedication to pet health. It encompasses a range of dog food, cat food, and treats made from sustainably sourced ingredients. The offerings include minimally processed food aimed at promoting optimum health for pets, providing pet parents with choices that nurture their furry friends.
The Commitment to Education and Awareness
Beyond just selling products, Better Choice Company is focused on empowering pet owners with knowledge about pet health. By leveraging their established online presence, they enable informed decisions about the best health practices for pets. This educational turn, rooted in transparency and trust, allows Better Choice to build strong relationships with their customers.
Contact Information
If you’re looking for further details about Better Choice Company or their upcoming initiatives, reaching out is straightforward. Kent Cunningham, the CEO, is at the forefront of communication on behalf of the company.
For investor-related inquiries, KCSA Strategic Communications is the contact point, with Valter Pinto leading the efforts to maintain investor relations. He can be reached directly at 212-896-1254.
Frequently Asked Questions
What is the updated stock dividend amount?
The stock dividend amount is set at 0.35 per share for every share held of common stock.
When is the new payment date for the stock dividend?
The new payment date for the stock dividend is April 29.
How does the record date change impact shareholders?
Shareholders must hold their shares until the updated record date of April 28 to qualify for the stock dividend.
What products does Better Choice Company offer?
Better Choice offers a range of pet health products, primarily under the Halo brand, focusing on nutritious food for dogs and cats.
Who can I contact for more information?
For more information, you can contact Kent Cunningham, CEO of Better Choice Company, or reach out to Valter Pinto at KCSA Strategic Communications.
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