COLUMBUS, Ohio, May 25, 2011 /PRNewswire/ -- Bob Evans Farms, Inc. (NASDAQ: BOBE) today announced that its board of directors has approved a quarterly cash dividend of 20 cents per share on the Company's outstanding common stock. The dividend is payable on June 20, 2011 to stockholders of record at the close of business on June 6, 2011.
Through the end of the third quarter of fiscal 2011, the Company reduced its total debt by $40.9 million and repurchased 555,200 shares for a total of $15.1 million. The Company's board of directors had previously authorized share repurchases of up to $25 million for fiscal 2011, which ended on April 29, 2011.
Year-end earnings release details
The Company will release its year-end earnings after 4 p.m. (ET) on Tuesday, June 7, 2011, and will hold its year-end conference call at 10 a.m. (ET) on Wednesday, June 8, 2011. The dial-in number is (800) 690-3108, access code 68606740. A replay will be available at (800) 642-1687, access code 68606740.
To access the simultaneous webcast, go to www.bobevans.com/ir. The archived webcast will also be available on the Web site.
About Bob Evans Farms, Inc.
Bob Evans Farms, Inc. owns and operates full-service restaurants under the Bob Evans and Mimi's Café brand names. At the end of the third fiscal quarter (Jan. 28, 2011), Bob Evans owned and operated 569 family restaurants in 18 states, primarily in the Midwest, mid-Atlantic and Southeast regions of the United States, while Mimi's Café owned and operated 145 casual restaurants located in 24 states, primarily in California and other western states. Bob Evans Farms, Inc. is also a leading producer and distributor of pork sausage and a variety of complementary homestyle convenience food items under the Bob Evans and Owens brand names. For more information about Bob Evans Farms, Inc., visit www.bobevans.com.
SOURCE Bob Evans Farms, Inc.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article