The board of directors of Winn-Dixie Stores Inc declared a cash dividend of 5 cents per share on the Jacksonville FL-based food retailer's common stock for the quarter ended April 2, 2003. The dividend is payable May 15, 2003, to shareholders of record at the close of business May 1, 2003.
Al Rowland, president and chief executive officer, said, “We are pleased to pay our third-quarter dividend. We continue to make progress in improving retail operations. The declaration of the dividend by the board shows confidence that the company is making progress toward its financial goals.”
Winn-Dixie operates 1,070 stores in 12 states and the Bahamas.