This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Ruddick Corporation Announces Results Of Annual Shareholders’ Meeting And Quarterly Dividend

Ruddick Corporation (NYSE: RDK) reported that at its Annual Meeting of the Shareholders today the following actions were taken: 1) the current ten directors were reelected to the Board of Directors to serve until the next Annual Meeting of Shareholders; 2) the shareholders approved the Ruddick Corporation 2011 Incentive Compensation Plan; 3) the shareholders approved an advisory (non-binding) “Say on Pay” vote approving the compensation of the Company’s named executive officers as described in the Proxy Statement; 4) the shareholders approved an advisory (non-binding) “Say on Frequency” vote approving that the “Say on Pay” vote be annual; and, 4) the shareholders ratified the appointment of KPMG LLP as the independent registered public accounting firm of the Company for the fiscal year ending October 2, 2011.

The Company also announced that its Board of Directors, at a regularly scheduled meeting, declared a quarterly dividend in the amount of $0.13 per share to be paid on April 1, 2011, to shareholders of record on March 11, 2011.

Ruddick Corporation is a holding company with two primary operating subsidiaries: Harris Teeter, Inc., a leading regional supermarket chain with operations in eight states primarily in the southeastern and mid-Atlantic United States, and the District of Columbia; and American & Efird, Inc., one of the world’s largest global manufacturers and distributors of industrial sewing thread, embroidery thread and technical textiles.

Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
SYM TRADE IT LAST %CHG

Markets

DOW 17,841.98 -86.22 -0.48%
S&P 500 2,080.15 -9.31 -0.45%
NASDAQ 4,919.6440 -19.6830 -0.40%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs