Pinnacle Foods Inc. Announces Commencement of Quarterly Dividend Program
PARSIPPANY, N.J., May 14, 2013 /PRNewswire/ -- Pinnacle Foods Inc. (NYSE: PF) announced today that its Board of Directors has adopted a policy to pay a regular quarterly dividend. As a result, Pinnacle Foods also announced today that its Board of Directors has declared an initial quarterly cash dividend of $0.18 per share, payable on July 10, 2013 to all common stockholders of record at the close of business on June 20, 2013.
About Pinnacle Foods Inc.
In more than 85% of American households, consumers reach for Pinnacle Foods brands. Pinnacle Foods is a Top 1000 Company ranked on Fortune Magazine's 2012 Top 1000 companies list. We are a leading producer, marketer and distributor of high-quality branded food products, which have been trusted household names for decades. Headquartered in Parsippany, NJ, our business employs an average of 4,400 employees. We are a leader in the shelf stable and frozen foods segments and our brands hold the #1 or #2 market position in 10 of the 12 major categories in which they compete. Our Duncan Hines Grocery Division manages brands such as Duncan Hines® baking mixes and frostings, Vlasic® shelf-stable pickles, Mrs. Butterworth's® and Log Cabin® table syrups, Armour® canned meats, Brooks® and Nalley® chili and chili ingredients, Duncan Hines® Comstock® and Wilderness® pie and pastry fruit fillings and Open Pit® barbecue sauces. Our Birds Eye Frozen Division manages brands such as Birds Eye®, Birds Eye Steamfresh®, C&W®, McKenzie's®, and Freshlike® frozen vegetables, Birds Eye Voila!® complete bagged frozen meals, Van de Kamp's® and Mrs. Paul's® frozen prepared seafood, Hungry-Man® frozen dinners and entrées, Aunt Jemima® frozen breakfasts, Lender's® frozen and refrigerated bagels, and Celeste® frozen pizza. Our Specialty Foods Division manages Tim's Cascade Snacks®, Hawaiian® kettle style potato chips, Erin's® popcorn, Snyder of Berlin® and Husman's® snacks in addition to our food service and private label businesses. Further information is available at http://www.pinnaclefoods.com.
SOURCE Pinnacle Foods Inc.
More by this Source
Pinnacle Foods Inc. Announces Secondary Offering of 17 Million Shares of Common Stock
Dec 09, 2013, 16:29 ET
Pinnacle Foods Inc. Reports Strong Fiscal Q3 Results
Nov 13, 2013, 08:15 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.