ConAgra Foods Announces Dividend Payment
September 22 2005 - 11:42AM
Business Wire
Today the board of directors of ConAgra Foods Inc. (NYSE:CAG)
approved a dividend payment of $0.2725 per common share, to be paid
on Dec. 1, 2005, to shareholders of record on Nov. 1, 2005. This is
a continuation of the current dividend rate. The Dec. 1 dividend
represents the company's 121st consecutive dividend payment, and
reflects the company's longstanding capital allocation policy of
balancing cash available to distribute to shareholders with the
cash needed to reinvest for future growth. ConAgra Foods Inc.
(NYSE:CAG) is one of North America's largest packaged food
companies, serving consumer grocery retailers, as well as
restaurants and other foodservice establishments. Popular ConAgra
Foods consumer brands include: ACT II, Armour, Banquet, Blue
Bonnet, Brown 'N Serve, Butterball, Chef Boyardee, Cook's, Crunch
'n Munch, DAVID, Eckrich, Egg Beaters, Fleischmann's, Golden
Cuisine, Gulden's, Healthy Choice, Hebrew National, Hunt's, Kid
Cuisine, Knott's Berry Farm, La Choy, Lamb Weston, Libby's,
Lightlife, Lunch Makers, MaMa Rosa's, Manwich, Marie Callender's,
Orville Redenbacher's, PAM, Parkay, Pemmican, Peter Pan, Reddi-wip,
Rosarita, Ro*Tel, Slim Jim, Snack Pack, Swiss Miss, Van Camp's,
Wesson, Wolf, and many others. For more information, please visit
us at www.conagrafoods.com. Note on Forward-Looking Statements:
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
These statements are based on management's current views and
assumptions of future events and financial performance and are
subject to uncertainty and changes in circumstances. Readers of
this release should understand that these statements are not
guarantees of performance or results. Many factors could affect the
company's actual financial results and cause them to vary
materially from the expectations contained in the forward-looking
statements. These factors include, among other things, future
economic circumstances, industry conditions, company performance
and financial results, availability and prices of raw materials,
product pricing, competitive environment and related market
conditions, operating efficiencies, access to capital, actions of
governments and regulatory factors affecting the company's
businesses and other risks described in the company's reports filed
with the Securities and Exchange Commission. The company cautions
readers not to place undue reliance on any forward-looking
statements included in this release, which speak only as of the
date made.
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