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Article: ConAgra Foods Announces 5% Dividend Increase.
- Article from:
- Food Weekly News
- Article date:
- October 15, 2009
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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, ...