KRAFT FOODS DECLARES REGULAR QUARTERLY DIVIDEND OF $0.29 PER SHARE
NORTHFIELD, Ill., May 23, 2012 /PRNewswire/ -- The Board of Directors of Kraft Foods Inc. (NYSE: KFT) has declared a regular quarterly dividend of $0.29 per common share of Class A stock. This dividend is payable on July 16, to stockholders of record as of June 29.
Kraft Foods Inc. (NYSE: KFT) is a global snacks powerhouse with an unrivaled portfolio of brands people love. Proudly marketing delicious biscuits, confectionery, beverages, cheese, grocery products and convenient meals in approximately 170 countries, Kraft Foods had 2011 revenue of $54.4 billion. Twelve of the company's iconic brands – Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Tang and Trident – generate revenue of more than $1 billion annually. On Aug. 4, 2011, Kraft Foods announced plans to divide and create two independent public companies: a high-growth global snacks business and a high-margin North American grocery business. The transaction is expected to be completed before the end of 2012. A leader in innovation, marketing, health & wellness and sustainability, Kraft Foods is a member of the Dow Jones Industrial Average, Standard & Poor's 500, Dow Jones Sustainability Index and Ethibel Sustainability Index. Visit kraftfoodscompany.com and facebook.com/kraftfoodscorporate.
– make today delicious –
SOURCE Kraft Foods Inc.