Whole Foods Market, Inc. (WFM) Raises Quarterly Dividend 42.9% to $0.20; 0.8% Yield

Whole Foods Market, Inc. (NASDAQ: WFM) declared a quarterly dividend of $0.20 per share, or $0.8 annualized. This is a 42.9% increase from the prior dividend of $0.14.

The dividend will be payable on January 29, 2013, to stockholders of record on January 18, 2013, with an ex-dividend date of January 16, 2013.

The annual yield on the dividend is 0.8 percent.

"The Board's decision to increase our dividend for the second consecutive year reflects another year of record-setting financial performance, and underscores our confidence in our future growth and cash flow generation," said Walter Robb, co-chief executive officer of Whole Foods Market. "With $1.3 billion in available cash, we expect to continue to internally fund our accelerated new store growth, maintain a healthy reserve, and create additional value for our shareholders through selective share repurchases and a higher dividend."

For a dividend history and other dividend-related data on Whole Foods Market, Inc. (WFM) click here.

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