USA: Riviana Foods increases dividend; announces new website, Riviana.com, at annual meeting
The increased dividend represents an annualized rate of $0.64 per share. The dividend will be paid on January 9, 2001, to stockholders of record at the close of business on December 5, 2000.
At the Annual Meeting of Stockholders held in Houston yesterday, eleven directors named in the proxy statement were elected to an annual term. Newly elected director Frank K. Godchaux of Abbeville, Louisiana, replaced Katie G. Derby who did not stand for reelection.
Also at the annual meeting, Joseph A. Hafner, Jr., president and chief executive officer, announced the Company's new website, www.Riviana.com. The website provides information about Riviana and its products and is directly linked to other websites for the Company's branded rice products.
Stockholders also approved the appointment of Arthur Andersen LLP as the Company's independent auditors.
Based in Houston, Texas, Riviana Foods Inc. is one of the largest processors, marketers and distributors of branded and private label rice products in the United States. Principal brands include Mahatma®, Carolina® and Success®. The Company has additional food operations in Central America and Europe.
This press release includes forward-looking statements under the rules of the Securities and Exchange Commission. Although the Company believes that the expectations reflected in these statements are based upon reasonable assumptions, Riviana can give no assurance that these expectations will be achieved.
Private label is stealing a march on brand names, and nowhere is this truer than in the food sector. Grocers may be driving private label, but it's not necessarily bad news for consumers, or even manu...
The organic market appears to be going from strength to strength, especially if this year's BioFach exhibition is anything to go by. With over 2,000 exhibitors from 70 countries and more than 30,000 v...
The new health consciousness of consumers is believed to be one of the reasons for stagnant value growth of ice cream sales in Western Europe. But with new and unusual combinations of flavours, more p...
The proportion of own brand products is set to rise in Australia, as the nation's two largest supermarket chains push ahead with plans to introduce new, more up-market, private label ranges....
A new report from Datamonitor has revealed that in Europe private label products, which are increasingly competing with famous brands, are most widely purchased in the UK....
Japanese retailer Seiyu is planning to improve its own-label product offering in a bid to boost sales and earnings....
US meat processor Smithfield Foods has reported a rise in earnings for the fourth quarter and year ended 1 May 2005, bolstered by a good performance in the hog sector....
US branded and private label snack foods maker Lance has announced that director David Singer has been named president and chief executive officer, effective immediately. ...
- Danone's Q1: four things to learn
- Who will buy Danone's Stonyfield business?
- Nestle Q1 update: four things to learn
- Column: Why snacking is the new meal
- Interview: KP Snacks on growth strategy
- Tyson shops Sara Lee bakery, Kettle and Van's
- Nestle to cut UK confectionery jobs
- PepsiCo affirms full-year target as Q1 hits mark
- Tyson to buy burger-to-entree firm AdvancePierre
- TreeHouse Foods sells soup, baby food units