Campbell's board hikes quarterly dividend 10%

by Eric Schroeder
Share This:

CAMDEN, N.J. — The board of directors of the Campbell Soup Co. on Thursday approved a 10% increase in the company’s quarterly dividend to 22c per share from 20c per share. The quarterly dividend is payable Oct. 29 to shareholders of record at the close of business on Oct. 9. On an annual basis, the dividend will increase to 88c per share from 80c per share.

Douglas R. Conant, Campbell’s president and chief executive officer, said the dividend increase reflects "strong financial performance" and "confidence in Campbell’s future."

Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.



The views expressed in the comments section of Food Business News do not reflect those of Food Business News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.