Willamette Valley Vineyards declares $0.22 preferred dividend
Key points
- Willamette Valley Vineyards (NASDAQ:WVVI) declared an annual cash dividend of $0.22 per share on its Series A Redeemable Preferred Stock (NASDAQ:WVVIP).
- The dividend is payable on December 31, 2026, to preferred shareholders recorded at the close of business on December 8, 2026.
- Future preferred-stock dividends remain subject to board approval and the terms governing the Series A shares.
Willamette Valley Vineyards (NASDAQ:WVVI) declared an annual cash dividend of $0.22 per share on its Series A Redeemable Preferred Stock (NASDAQ:WVVIP), payable December 31, 2026, to shareholders of record on December 8.
The distribution applies specifically to the company's Series A preferred shares, which trade under WVVIP, rather than its common shares, listed under WVVI.
The December payment provides eligible preferred shareholders with the company's declared annual cash distribution for 2026.
Future dividends remain subject to approval by the company's board of directors, with payment amounts governed by the amended and restated certificate of designation for the Series A Preferred Stock.
Willamette Valley Vineyards operates from its Estate Vineyard near Salem, Oregon, and produces wines under its Willamette Valley Vineyards and other winery brands.
The company's Series A Redeemable Preferred Stock is non-voting and ranks ahead of common stock in dividend and liquidation rights, according to its previously published annual report.
