Sara Lee Corporation has declared its 240th consecutive quarterly dividend, the company said yesterday (26 January).
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Sara Lee’s board of directors declared a regular quarterly dividend of US$.1975 per share on the company’s common stock, payable on 7 April 2006. The dividend is payable to stockholders of record at the close of business on 1 March 2006.
Based on yesterday’s closing price of $18.37 per share of Sara Lee common stock, the dividend announced today provides an annualized yield of 4.3% to the company’s shareholders.
