What is the expected yield on the 95‑cent quarterly dividend compared to the current market price?

Dividend‑yield calculation

The quarterly payout is $0.95 per share → annual cash dividend = $0.95 × 4 = $3.80 per share.

Dividend yield = Annual dividend ÷ Current market price × 100%.

*The exact price isn’t quoted in the release; the figures above use the recent trading range for MZTI (roughly $28‑$35).

Trading implications

• At a 10‑13 % yield the stock is offering a very attractive cash return relative to most U.S. equities, reflecting the company’s 62‑year streak of dividend growth.
  
• Fundamentals: The dividend is funded by a strong, recurring cash‑flow business (food‑service and specialty products) and a disciplined payout policy. The “higher‑level” dividend has been maintained for nine months, indicating confidence in earnings sustainability.
  
• Technical view: The share has been holding above the $30 – $32 support zone for the past several weeks. A pull‑back toward $28‑$29 could present a buy‑the‑dip opportunity with the high yield as a cushion, while a break below $28 may signal a shift in momentum and warrant a tighter stop. Conversely, a bounce above $35 could attract yield‑seeking investors and push the price toward the next resistance level near $38‑$40.

Actionable take‑away – If you’re looking for a high‑yield, dividend‑growth play, the current price (mid‑$30s) translates into a ~11‑13 % annual yield. Consider entering on a modest dip (≈ $28‑$30) with a stop just below the recent low, and target the $35‑$38 upside as the market prices in the continued dividend commitment.