0001354488-12-006302.txt : 20121206 0001354488-12-006302.hdr.sgml : 20121206 20121206090021 ACCESSION NUMBER: 0001354488-12-006302 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20121206 ITEM INFORMATION: Other Events FILED AS OF DATE: 20121206 DATE AS OF CHANGE: 20121206 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COFFEE HOLDING CO INC CENTRAL INDEX KEY: 0001007019 STANDARD INDUSTRIAL CLASSIFICATION: BEVERAGES [2080] IRS NUMBER: 113860760 STATE OF INCORPORATION: NV FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32491 FILM NUMBER: 121245248 BUSINESS ADDRESS: STREET 1: 4401 FIRST AVENUE STREET 2: STE 1507 CITY: BROOKLYN STATE: NY ZIP: 11232 BUSINESS PHONE: 7188320800 MAIL ADDRESS: STREET 1: 4401 FIRST AVENUE STREET 2: STE 1507 CITY: BROOKLYN STATE: NY ZIP: 11232 FORMER COMPANY: FORMER CONFORMED NAME: TRANSPACIFIC INTERNATIONAL GROUP CORP DATE OF NAME CHANGE: 19960201 8-K 1 jva_8k.htm CURRENT REPORT jva_8k.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  December 6, 2012

COFFEE HOLDING CO., INC.
(Exact name of registrant as specified in its charter)

Nevada
001-32491
11-2238111
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)

3475 Victory Boulevard, Staten Island, New York
10314
(Address of principal executive offices)
(Zip Code)

Registrant’s telephone number, including area code: (718) 832-0800

Not Applicable
(Former name or former address, if changed since last report.)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 




 
 

 
 
Item 8.01.
Other Events.

On December 6, 2012, Coffee Holding Co., Inc. (the “Company”) issued a press release accelerating and increasing its dividend payment.  A copy of this press release is attached as Exhibit 99.1 to this report and is incorporated herein by reference.

  99.1
Press Release, dated December 6, 2012, issued by Coffee Holding entitled “Coffee Holding Co., Inc. Accelerates and Increases Its Dividend Payment in Anticipation of Changing Tax Rates.”


 
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SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
COFFEE HOLDING CO., INC.
 
       
Dated:  December 5, 2012
By:
/s/ Andrew Gordon  
    Name: Andrew Gordon  
    Title: President and Chief Executive Officer  
       
                                                                                     
 
 
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EXHIBIT INDEX
 
  Exhibit No.
Description

  99.1
Press Release, dated December 6, 2012, issued by Coffee Holding entitled “Coffee Holding Co., Inc. Accelerates and Increases Its Dividend Payment in Anticipation of Changing Tax Rates.”
 

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EX-99.1 2 jva_ex991.htm PRESS RELEASE jva_ex991.htm
EXHIBIT 99.1
 
FOR IMMEDIATE RELEASE
 
Contact:  Andrew Gordon, President & CEO
 
Telephone:  (718) 832-0800
 
COFFEE HOLDING CO., INC. ACCELERATES AND INCREASES ITS DIVIDEND PAYMENT IN ANTICIPATION OF CHANGING TAX RATES
 
STATEN ISLAND, New York – December 6, 2012.  Coffee Holding Co., Inc. (NASDAQ: JVA) (the “Company”) today announced that its board of directors approved an increase to its regularly scheduled quarterly dividend and an acceleration of such dividend payment.  The quarterly dividend of $0.06 will be paid on December 28, 2012 to stockholders as of the close of business on December 17, 2012.  The prior quarterly dividends have been paid at a rate of $0.03 per share and the fourth quarter dividend payments were previously paid in the January following the Company’s fiscal year end.
 
“Given the likelihood of a change in the tax rates applicable to dividends starting in 2013, we believe it is prudent to accelerate the timing of the payment of our fourth quarter dividend and increase the return of value to our shareholders prior to the contemplated changes in the tax rates.  Going forward, we will continue to monitor our dividend program and any future determination as to the payment of dividends will depend upon the financial conditions and results of operations of the Company and other factors deemed relevant by our Board of Directors, including changes in the tax rates applicable to dividend payments,” said Andrew Gordon, President & CEO.

About Coffee Holding
 
Coffee Holding is a leading integrated wholesale coffee roaster and dealer in the United States and one of the few coffee companies that offers a broad array of coffee products across the entire spectrum of consumer tastes, preferences and price points.  Coffee Holding has been a family-operated business for three generations and has remained profitable through varying cycles in the coffee industry and the economy.  The Company’s private label and branded coffee products are sold throughout the United States, Canada and abroad to supermarkets, wholesalers, and individually owned and multi-unit retail customers.
 
Any statements that are not historical facts contained in this release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.  We have based these forward-looking statements upon information available to management as of the date of this release and management’s expectations and projections about certain future events.  It is possible that the assumptions made by management for purposes of such statements may not materialize.  Actual results may differ materially from those projected or implied in any forward-looking statements.  Such statements may involve risks and uncertainties, including but not limited to those relating to product demand, pricing, market acceptance, the effect of economic conditions, intellectual property rights, the outcome of competitive products, risks in product development, the results of financing efforts, the ability to complete transactions, and other factors discussed from time to time in the Company’s Securities and Exchange Commission filings.  The Company undertakes no obligation to update or revise any forward-looking statement for events or circumstances after the date on which such statement is made.