Weis Approves Special Dividend

SUNBURY, Pa. — Weis Markets here on Friday said its board of directors approved a special $1 per share dividend as a reward to its shareholders.

SUNBURY, Pa. — Weis Markets [3] here on Friday said its board of directors approved a special $1 per share dividend as a reward to its shareholders.

The one-time dividend is in addition to a quarterly dividend of 30 cents per share Weis also announced Friday. Robert F. Weis, chairman of the company. said Weis was “taking steps to reward shareholders,” while continuing an effort to grow.

Weis has nearly 27 million shares outstanding, with around 65% controlled by the Weis family.