Cal-Maine Foods declares quarterly dividend

Cal-Maine Foods Inc, producer and marketer of shell eggs, announced a regular quarterly cash dividend of $0.0125 (one and one-quarter cents) per share on its common stock. The current annualized dividend rate of $0.05 represents a doubling of the cash payout in light of the two-for-one stock split effective in April.

In fiscal 2003, Cal-Maine sold 571 million dozen eggs, representing about 13% of United States shell egg consumption.

TAGS: Foodservice
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish