PARSIPPANY, N.J., May 14, 2013 /PRNewswire/ -- Pinnacle Foods Inc. (NYSE: PF) announced today that its Board of Directors has adopted a policy to pay a regular quarterly dividend. As a result, Pinnacle Foods also announced today that its Board of Directors has declared an initial quarterly cash dividend of $0.18 per share, payable on July 10, 2013 to all common stockholders of record at the close of business on June 20, 2013.
About Pinnacle Foods Inc.
In more than 85% of American households, consumers reach for Pinnacle Foods brands. Pinnacle Foods is a Top 1000 Company ranked on Fortune Magazine's 2012 Top 1000 companies list. We are a leading producer, marketer and distributor of high-quality branded food products, which have been trusted household names for decades. Headquartered in Parsippany, NJ, our business employs an average of 4,400 employees. We are a leader in the shelf stable and frozen foods segments and our brands hold the #1 or #2 market position in 10 of the 12 major categories in which they compete. Our Duncan Hines Grocery Division manages brands such as Duncan Hines ® baking mixes and frostings, Vlasic ® shelf-stable pickles, Mrs. Butterworth's ® and Log Cabin ® table syrups, Armour ® canned meats, Brooks ® and Nalley ® chili and chili ingredients, Duncan Hines® Comstock ® and Wilderness ® pie and pastry fruit fillings and Open Pit ® barbecue sauces. Our Birds Eye Frozen Division manages brands such as Birds Eye ®, Birds Eye Steamfresh ®, C&W ®, McKenzie's ®, and Freshlike ® frozen vegetables, Birds Eye Voila! ® complete bagged frozen meals, Van de Kamp's ® and Mrs. Paul's ® frozen prepared seafood, Hungry-Man ® frozen dinners and entrées, Aunt Jemima ® frozen breakfasts, Lender's ® frozen and refrigerated bagels, and Celeste ® frozen pizza. Our Specialty Foods Division manages Tim's Cascade Snacks ®, Hawaiian ® kettle style potato chips, Erin's ® popcorn, Snyder of Berlin ® and Husman's ® snacks in addition to our food service and private label businesses. Further information is available at http://www.pinnaclefoods.com.
SOURCE Pinnacle Foods Inc.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV