Sara Lee Corporation has declared its 240th consecutive quarterly dividend, the company said yesterday (26 January).
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.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Food Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now