Columbus, Ohio-based full-service, family restaurant chain Bob Evans Farms has declared a quarterly dividend of US$0.11 per share on the corporation's outstanding common stock (US$0.01 par value).

The firm's board of directors explained that the new dividend rate represents a 10% increase from the previous quarterly rate of US$0.10 per share.

The  dividend is payable 3 September 2002, to stockholders of record at the close of business on 19 August 2002.