Corn Products International Declares Quarterly Dividend of $0.09 Per Share; Holds 2007 Annual Meeting of Stockholders
May 16 2007 - 6:52PM
PR Newswire (US)
WESTCHESTER, Ill., May 16 /PRNewswire-FirstCall/ -- The Board of
Directors of Corn Products International, Inc. (NYSE:CPO) today
announced a quarterly dividend of $0.09 per share on the Company's
common stock. The dividend is payable on July 25, 2007 to
stockholders of record at the close of business on June 28, 2007.
The Company also held its Annual Meeting of Stockholders today at
the Westbrook Corporate Center Meeting Facility, adjacent to the
Company's headquarters in Westchester, Illinois. During the
meeting, stockholders elected four officers to new, three-year
terms expiring in 2010. They are Karen L. Hendricks, 58, former
Chairman, President and Chief Executive Officer of Baldwin Piano
& Organ Company; Bernard H. Kastory, 61, Professor in the
Department of Management and Business at Skidmore College; Barbara
A. Klein, 52, Senior Vice President and Chief Financial Officer of
CDW Corporation; and Samuel C. Scott III, 62, Chairman, President
and Chief Executive Officer of Corn Products International. Also
during the meeting, stockholders ratified the appointment of KPMG
LLP as the Company's independent registered public accounting firm
for 2007. About the Company Corn Products International is one of
the world's largest corn refiners and a major supplier of
high-quality food ingredients and industrial products derived from
the wet milling and processing of corn and other starch-based
materials. The Company, headquartered in Westchester, Ill., is the
number-one worldwide producer of dextrose and a leading regional
producer of starch, high fructose corn syrup and glucose. In 2006,
Corn Products International reported net sales of $2.62 billion
with operations in 15 countries at 34 plants, including wholly
owned businesses, affiliates and alliances. For more information,
visit http://www.cornproducts.com/. DATASOURCE: Corn Products
International, Inc. CONTACT: investors, David Prichard,
+1-708-551-2592, or media, Mark Lindley, +1-708-551-2602, both for
Corn Products International, Inc. Web site:
http://www.cornproducts.com/
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