Del Monte Foods has declared a cash dividend on its common stock of US$0.05 per share.

The dividend is payable on 4 February 2010 to stockholders of record as of the close of business on 21 January 2010.

Higher pricing and decreased costs helped boost Del Monte Foods first-half net profit earlier this month.

For the six-month period to 1 November, income from continuing operations rose to US$121.2 from $40.3m in the previous year.