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Heinz Declares Dividend
NEW YORK - May 18/05 - SNS -- The H.J. Heinz Company declared quarterly dividends on both common and preferred stock.
The common stock dividend will be raised by 5.3% (from 28.5 cents to 30.0 cents per quarter), for all shareholders of record as of June 24, payable July 10. This increase was previously discussed with investors on February 28, during the company's third-quarter conference call.
The Board also declared a dividend of 42.5 cents per share on the company's Third Cumulative Preferred Stock, $1.70 First Series, payable July 1, 2005, to shareholders of record at the close of business on June 24, 2005.
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