Publix Declares Quarterly Dividend for First Quarter 2025
Publix Declares Quarterly Dividend
The Publix board of directors has officially announced a quarterly dividend of 10.75 cents per share on its common stock. This move reflects Publix's ongoing commitment to rewarding its shareholders and maintaining financial stability.
Details About the Dividend Payment
The dividend is set to be paid on February 3, 2025. Shareholders can expect the payment either via direct deposit or through a mailed check. It is important for stockholders to note that they must be on record as of the close of business on January 15, 2025, to be eligible for this payout.
Electing Direct Deposit
To facilitate a smoother transaction process, Publix encourages its stockholders to opt for direct deposit of their dividends. Interested individuals can visit corporate.publix.com/stock to select the direct deposit option. After registering for a confidential online account, stockholders should log in and choose 'Dividends' under 'Payment Preferences'.
Completing the Direct Deposit Authorization
Stockholders who prefer to complete their direct deposit setup through a form can access the required documentation via corporate.publix.com/stock under 'Stockholder Resources'. It’s essential to print, sign, and send the completed form along with a voided check to Publix stockholder services to ensure proper processing.
A Closer Look at Publix
Publix is not only known for being the largest employee-owned grocery chain in the United States but also for its outstanding service and quality. The company operates over 1,390 stores across several southern states, employing over 255,000 associates. For 27 years in a row, Publix has been acknowledged by Fortune as one of the best workplaces, a testament to the company’s strong focus on employee satisfaction and community involvement.
Recognizing Publix's Legacy
Throughout its history, Publix has established itself as a cornerstone in the grocery industry, meeting customer needs while maintaining high standards of excellence. Their dedication to quality and service is unmatched, consistently placing Publix among the top grocery stores nationwide.
Frequently Asked Questions
What is the declared dividend amount for the first quarter of 2025?
The approved dividend amount is 10.75 cents per share on common stock.
When will the dividend be paid?
The dividend will be disbursed on February 3, 2025, to eligible stockholders.
How can I elect for direct deposit of my dividend?
Shareholders can opt for direct deposit by visiting corporate.publix.com/stock to register and select the payment preference.
What steps do I need to follow to set up direct deposit?
To set up direct deposit, stockholders must log in to their online account, choose 'Dividends', and follow the instructions for payment preferences.
What makes Publix notable in the grocery sector?
Publix is recognized for its employee ownership model, commitment to quality, and excellent customer service, receiving accolades as a top workplace and a leading grocery brand.
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