ConAgra Foods Announces 5% Dividend Increase
September 25 2009 - 9:00AM
Business Wire
Reflecting the company’s strong earnings outlook and healthy
annual cash flows, the board of directors of ConAgra Foods, Inc.,
(NYSE: CAG) approved a dividend increase by raising the quarterly
dividend to $0.20 per share from $0.19 per share currently. On an
annualized basis, the dividend increases to $0.80 per share from
$0.76 per share. The first payment of the new quarterly rate of
$0.20 per common share will be paid on Dec. 1, 2009, to
stockholders of record at the close of business on Oct. 30,
2009.
ConAgra Foods, Inc., (NYSE: CAG) is one of North America’s
leading food companies, with brands in 97 percent of America’s
households. Consumers find Banquet, Chef Boyardee, Egg Beaters,
Healthy Choice, Hebrew National, Hunt’s, Marie Callender’s, Orville
Redenbacher’s, PAM, Peter Pan, Reddi-wip and many ConAgra Foods
brands in grocery, convenience, mass merchandise and club stores.
ConAgra Foods also has a strong business-to-business presence,
supplying potato, other vegetable, spice and grain products to a
variety of well-known restaurants, foodservice operators and
commercial customers. For more information, please visit us at
www.conagrafoods.com.
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