Dean Foods (DF) Lowers Quarterly Dividend 66.7% to $0.03; 2% Yield
Dean Foods (NYSE: DF) declared a quarterly dividend of $0.03 per share, or $0.12 annualized. This is a 66.7% decrease from the prior dividend of $0.09.
We made the reduction to better align the Company's dividend to levels consistent with comparable companies. We believe our dividend reflects the Company's ongoing commitment to returning appropriate capital to our stockholders.
The dividend will be payable on December 4, 2018, to stockholders of record on November 19, 2018, with an ex-dividend date of November 16, 2018.
The annual yield on the dividend is 2 percent.
For a dividend history and other dividend-related data on Dean Foods (DF) click here.