ConAgra Foods Announces 15% Dividend Increase
September 21 2010 - 7:31AM
Business Wire
Reflecting the company’s strong cash flows and commitment to a
top-tier dividend payout, the board of directors of ConAgra Foods,
Inc., (NYSE: CAG) approved a dividend increase by raising the
quarterly dividend 15% to $0.23 per share from $0.20 per share
currently. On an annualized basis, the dividend increases to $0.92
per share from $0.80 per share. The first payment of the new
quarterly rate of $0.23 per common share will be paid on Dec. 1,
2010, to stockholders of record at the close of business on Oct.
29, 2010.
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, Slim Jim, Snack Pack and
many other ConAgra Foods brands in grocery, convenience, mass
merchandise and club stores. ConAgra Foods also has a strong
business-to-business presence, supplying frozen potato and sweet
potato products as well as 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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