The Ashville, North Carolina-based supermarket chain Ingles Markets, which has operations in six southeastern states, has declared a cash dividend of US$0.165 per share on all its Class A Common Stock and US$0.15 per share on all its Class B Common Stock.

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Its board of directors announced that is an annual rate of US$0.66 and US$0.60 per share, respectively.


Dividends on both the Class A and Class B Common Stock are payable 9 October 2002, to all shareholders of record on 1 October 2002.