Cash Dividend Sequel to National Beverage NASDAQ Listing.FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla. -- National Beverage National Beverage Corp. is a U.S. beverage developer, manufacturer, and distributor based in Fort Lauderdale, Florida. [2] Formed in 1985 to acquire Shasta, National Beverage Corp. is ranked by Beverage Digest as the fifth-largest soft drink company in the United States. Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :FIZZ): "The Board today, further confirming its pledge to 'deliver' to our shareholders, made its fifth distribution to investors in 38 months. Shareholders of record on July 20, 2007 shall be entitled to receive $.80 per share payable on or before August 17, 2007. A 100% stock dividend, another 20% stock dividend and three cash payments that will total $114 million is certainly tantamount to the Board's diligence," stated Nick A. Caporella, Chairman and Chief Executive Officer. "This is truly commendable by any measure, especially should one reflect on how and why National Beverage began its existence! More significant than the financial payback to investor/owners of earnings 'retained'...is the 'earned' respect of our peers for our dynamic creative and innovations within the soft drink industry," excitedly exclaimed Caporella. "We excel in a class of our own and have and will continue to set the standard for others in the development of flavor-based beverages in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . This special 'flavor' significance follows true across all segments of our business - soft drinks, juices, teas, waters and energy drinks," Caporella concluded. National Beverage is highly innovative, making it unique as a pace-setter in the changing soft-drink industry. Its lineup of refreshment products consisting of - Energy Drinks and Fortified fortified (fôrt  ´fīd),adj containing additives more potent than the principal ingredient. Powders, Vitamin Enhanced juices and waters, and new-to-come beverage supplements are geared toward the lifestyle/health-conscious consumer. Shasta[R] - Faygo[R] - Everfresh[R] and LaCroix[R] are aligned with Rip It Rip It is an energy drink that is produced and distributed by National Beverage Corp., maker of Shasta and Faygo. It is National Beverage Corp.'s first energy drink. Rip It is usually sold for one dollar or less, while most energy drinks are sold for about two dollars. [R] and FREEK[TM] energy products to make National Beverage...America's Flavor*Favorite - soft-drink company. Fun, Flavor and Vitality...the National Beverage Way Note: This press release includes forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include fluctuations in costs, changes in consumer preferences and other items and risk factors described in the Company's Securities and Exchange Commission filings and the Company disclaims an obligation to update any such factors or to publicly announce the results of any revisions to any forward-looking statements contained herein to reflect future events or developments. |
|
|||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion