Pinnacle Foods (PF) Raises Quarterly Dividend 8.5% to $0.255; 2.3% Yield

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Go back to Pinnacle Foods (PF) Raises Quarterly Dividend 8.5% to $0.255; 2.3% Yield

Pinnacle Foods Inc. Announces 8.5% Increase in Quarterly Dividend

September 16, 2015 9:02 AM EDT

PARSIPPANY, N.J., Sept. 16, 2015 /PRNewswire/ -- Pinnacle Foods Inc. (NYSE: PF) announced that its Board of Directors has approved an 8.5% increase in the Company's quarterly cash dividend, from $0.235 per share to $0.255 per share, effective with the Company's upcoming third quarter 2015 dividend.  On an annualized basis, the new dividend increases to $1.02 per share, from the previous annualized rate of $0.94 per share. 

The third quarter dividend is payable on October 9, 2015 to shareholders of record at the close of business on September 28, 2015. 

Commenting on the announcement, Pinnacle Foods Chief Executive Officer Bob... More