Pinnacle Foods (PF) Raises Quarterly Dividend 11.8% to $0.285; 2.3% Yield
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Pinnacle Foods Inc. Announces Double-Digit Increase in Quarterly Dividend
August 16, 2016 4:58 PM EDTPARSIPPANY, N.J., Aug. 16, 2016 (GLOBE NEWSWIRE) -- Pinnacle Foods Inc. (NYSE: PF) announced today that its Board of Directors has approved an increase of approximately 12% in the Companys quarterly cash dividend, from $0.255 per share to $0.285 per share, effective with the Companys upcoming third quarter 2016 dividend. The upcoming dividend is payable on October 10, 2016 to shareholders of record at the close of business on August 30, 2016. On an annualized basis, the new dividend increases to $1.14 per share, from the previous annualized rate of $1.02 per share.
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