USA: Nabisco declares regular quarterly dividends
Directors of Nabisco Group Holdings Corp. (NYSE:NGH) and Nabisco Holdings Corp. (NYSE:NA) today declared regular quarterly cash dividends.For Nabisco Group Holdings Corp., the dividend will be $ .1225 per share, or $.49 per share on an annualized basis, on Nabisco Group Holdings Corp. common stock. The dividend is payable on October 1, 2000 to shareholders of record at the close of business on September 25, 2000. Nabisco Group Holdings owns 80.5% of Nabisco Holdings Corp. For Nabisco Holdings Corp. the dividend will be $ .1875 per share, or $ .75 per share on an annualized basis, on Nabisco Holdings Corp. common stock. The dividend is payable on October 1, 2000 to shareholders of record at the close of business on September 25, 2000. Nabisco is a major international manufacturer of biscuits, snacks, and premium grocery products, including such well-known U.S. brands as Oreo, SnackWell's, and Chips Ahoy! cookies; Ritz crackers; A.1. steak sauces; Grey Poupon mustards; Life Savers confections; and Planters nuts and snacks. International products include Christie, Peek Freans, Terrabusi cookies and crackers; Yemina pastas; Royal dessert mixes; Fleischmann's yeast; and several Nabisco global brands - Oreo, Ritz and Chips Ahoy!. Nabisco markets products in the United States, and more than 85 other countries around the world.
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