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