The Board of Directors of The Earthgrains Company (NYSE: EGR) Friday (27 April) declared a quarterly cash dividend of 6 cents per share payable May 31, 2001, to shareholders of record at the close of business on May 18, 2001. Earthgrains, the second-largest packaged bread producer in the United States, had more than $2 billion in sales in fiscal 2000 and operates fresh-bakery and refrigerated-dough businesses in the United States and Europe.