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Heinz Dividends Declared
NEW YORK - May 31/07 - SNS -- The H. J. Heinz Company declared quarterly dividends on both common and preferred stock.
The common stock dividend will be raised by 8.6% (from 35 cents to 38 cents per quarter), for all shareholders of record as of June 25, 2007 payable July 10, 2007. The 8.6% increase follows a 16.7% increase in Fiscal Year 2007.
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, 2007 to shareholders of record at the close of business on June 25, 2007.
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