The Board of Directors of The Earthgrains Company (NYSE: EGR) Friday (13 July) declared a quarterly cash dividend of 6 cents per share payable Aug. 31, 2001, to shareholders of record at the close of business on Aug. 17, 2001. Earthgrains held what may be its last annual meeting of shareholders today at the Missouri History Museum in St. Louis. Sara Lee Corporation has tendered a cash offer to purchase Earthgrains shares for $40.25 each. The combined bakery businesses under Sara Lee Corporation will be known as Sara Lee Bakery Group.