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Capital Stock and Dividends
 12 Months Ended
Dec. 28, 2024
Equity [Abstract]  
Capital Stock and Dividends Capital Stock and Dividends
Capital Stock

The authorized capital stock of the Company consists of common stock and preferred stock. The Company is authorized to issue 2.00 billion shares of common stock. The Company is also authorized to issue 40 thousand shares of preferred stock, with such designations, rights and preferences as may be determined from time to time by the Company’s Board of Directors.
Dividends

During fiscal 2024 and 2023, the Company’s Board of Directors declared the following cash dividends:
Date Declared
Dividend Amount
Per Share of Common Stock (a)
Record DateDate Paid
November 6, 2024$0.22November 25, 2024December 10, 2024
August 7, 2024$0.22August 26, 2024September 10, 2024
May 8, 2024$0.22May 28, 2024June 11, 2024
February 5, 2024$0.22February 26, 2024March 12, 2024
November 8, 2023$0.21November 27, 2023December 12, 2023
August 9, 2023$0.21August 28, 2023September 12, 2023
May 10, 2023$0.21May 30, 2023June 13, 2023
February 8, 2023$0.21February 27, 2023March 14, 2023

(a) All per share amounts have been adjusted to reflect the five-for-one Stock Split as discussed in Note 1.
On February 12, 2025, the Company’s Board of Directors declared a quarterly cash dividend of $0.23 per share of the Company’s outstanding common stock.  The dividend will be paid on March 11, 2025, to stockholders of record as of the close of business on February 26, 2025.