Dean Foods (DF) Lowers Quarterly Dividend 66.7% to $0.03; 2% Yield

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Go back to Dean Foods (DF) Lowers Quarterly Dividend 66.7% to $0.03; 2% Yield

Dean Foods Declares Quarterly Dividend

November 8, 2018 4:45 PM EST

DALLAS, Nov. 8, 2018 /PRNewswire/ -- Dean Foods Company (NYSE: DF) announced today that its Board of Directors declared a quarterly dividend of $0.03 per share, or $0.12 per share on an annualized basis, compared to a previous quarterly cash dividend of $0.09 per share. The dividend is payable on December 4, 2018, to stockholders of record at the close of business on November 19, 2018.

We made the reduction to better align the Company's dividend to levels consistent with comparable companies. We believe our... More