Stock Track | John B Sanfilippo & Son Soars 5.04% Pre-market on $1 Special Dividend Announcement

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John B Sanfilippo & Son (JBSS) saw its stock price surge 5.04% in pre-market trading on Thursday, following the company's announcement of a special dividend. The move reflects investor enthusiasm for the unexpected payout to shareholders.

The company declared a special dividend of $1 per share, which is set to be paid on December 30 to shareholders of record as of December 1. This announcement comes as a pleasant surprise to investors, potentially explaining the significant pre-market jump in the stock price. Special dividends are often viewed positively by the market as they represent additional value being returned to shareholders beyond regular dividend payments.

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