Weis Markets declared a quarterly dividend of 34 cents per share, payable Nov. 23 to shareholders of record on Nov. 9, the Sunbury, Pennsylvania, grocer said in an Oct. 29 release. The company, founded in 1912 and listed on the New York Stock Exchange as WMK, operates 201 stores in Pennsylvania, Maryland, Delaware, New Jersey, New York, Virginia and West Virginia.
Anyone who owns Weis shares on Nov. 9 gets the 34 cents on the Monday before Thanksgiving. A holder of 100 shares would receive $34, and $1.36 a share across four payments at this rate. The release declares this one payment and says nothing about later quarters.
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Is this the same 34 cents Weis paid in August?
Yes. Weis’s Aug. 4 second-quarter report says a 34-cent quarterly cash dividend was declared July 16, with a July 27 record date and payment on Aug. 10. The November payment keeps that rate unchanged.
It is also the rate of a year ago. The company’s third-quarter 2025 report says the board declared 34 cents on Oct. 30, 2025, payable Nov. 24 to holders of record Nov. 10, and that cash dividends were 34 cents a share in the third quarters of both 2025 and 2024.
The company’s quarterly filing for the period ended June 27 shows dividends of 68 cents a share in the first 26 weeks, $16.8 million in all. With 24.7 million shares outstanding, a single 34-cent payment comes to roughly $8.4 million.
What is Weis earning behind the payout?
In the second quarter, Weis reported net sales of $1.27 billion, up from $1.21 billion a year earlier. Net income was $22.86 million, down 9.6% from $25.28 million, and earnings were 92 cents a share against 96 cents. Set against that 92 cents, the 34-cent dividend is about 37% of the quarter’s per-share earnings.
The first half was stronger. Net income for the 26 weeks rose 13.1% to $50.71 million from $44.83 million, and earnings per share reached $2.05 against $1.69. Total revenue for the half came to $2.53 billion, up 4.6%.
A year earlier was weaker. Third-quarter 2025 net income was $18.23 million, down 29.4% from $25.84 million, and earnings were 74 cents a share against 96 cents. The 2024 quarter had included a $4.58 million pre-tax gain on the sale of fixed assets, and Jonathan H. Weis, the company’s chairman, president and chief executive, cited “cautious consumer spending and macroeconomic uncertainty” at the time.
Where does the sales dollar come from?
The filing breaks second-quarter net sales into grocery at $1.003 billion, or 78.9%; pharmacy at $167.2 million, or 13.2%; and fuel at $98.2 million, or 7.7%. Fuel sales were up from $62.3 million a year earlier, and pharmacy rose from $158.6 million. Gross profit was 25.75% of revenue, against 25.16%, while operating income slipped to $29.1 million from $30.2 million.
Weis told investors that the Inflation Reduction Act’s Medicare maximum fair price provisions, which set Medicare’s negotiated prices for certain drugs, cut pharmacy revenue growth by about $10.71 million in the second quarter and $18.19 million for the half. Comparable store sales rose 2.3% in the quarter, but excluding fuel they slipped 0.4%.
Jonathan H. Weis said customers “remain focused on affordability and value,” and that the company has increased its promotion and loyalty marketing investment. The August report counted 202 stores, and the October dividend release counts 201.
What did Weis pay last year in all?
Weis’s full-year 2025 report, dated March 12, 2026, says the board declared $1.36 a share for the year, the same as 2024. Earnings were $3.65 a share, down from $3.94, on net income of $93.69 million, down 11.6%. Net sales reached $4.94 billion, up from $4.77 billion.
The dividend therefore ran at about 37% of 2025 earnings per share, and the board declared 34 cents again on Feb. 5, 2026. During 2025 the company opened five new stores and completed seven major remodels, and Jonathan H. Weis said Weis “achieved strong year-over-year sales growth” despite “ongoing cautious customer spending.”
What does the company have in the bank?
Weighted-average shares fell to 24,744,597 in the third quarter of 2025 from 26,898,443 a year earlier, and the same 24.7 million figure appears on the June 2026 balance sheet. The filing references a June 6, 2025, purchase of 2,153,846 shares.
The balance sheet shows $103.5 million in cash and $104.5 million in current marketable securities at June 27, shareholders’ equity of $1.39 billion and no long-term debt line. Weis spent $87.95 million on property and equipment in the 26 weeks, more than five times what it paid out in dividends.
Weis says it employs more than 22,000 people, roughly 94% of them paid by the hour. Shareholders who want the Nov. 23 payment need to be on the company’s books by Nov. 9, and the money arrives on the 23rd whatever the stock does in between.
Where should the Nov. 23 Weis check wait out the holidays?
A 34-cent payment that lands the Monday before Thanksgiving tends to get spent or forgotten in the holiday rush. Cash left in a near-zero account for the weeks in between earns almost nothing.
Make Your Savings Pay You covers high-yield savings for the cushion you might need this year and starts with what your cash earns now, found on your statement in five minutes. A cash-map worksheet then shows where each dollar of the dividend should sit.
Get the high-yield savings guide for holiday cash that has to stay available →
This article was produced with AI assistance and edited for accuracy against the sources linked above.
Warren Cohen is a finance writer based in Phoenix, Arizona, covering personal finance topics including credit, banking, and beginner investing. He earned his degree in business administration from Arizona State University and began his career working in consumer finance, where he gained direct experience with lending and credit systems. He now writes for personal finance websites and fintech platforms, focusing on clear, practical content that helps readers make informed financial decisions.
