Sara Lee declares 245th consecutive quarterly dividend
27 Apr '07
1 min read
Sara Lee Corporation's board of directors declared a regular quarterly dividend of $.10 per share on the company's common stock, payable on July 9, 2007.
The dividend is payable to stockholders of record at the close of business on June 8, 2007.
Sara Lee Corporation has paid quarterly dividends to its shareholders continuously for more than 60 years, and announcement represents the 245th consecutive quarterly dividend declared by the corporation.
Sara Lee Corporation is a global manufacturer and marketer of high-quality, brand-name products for consumers throughout the world.
In February 2005, the company began executing a bold and ambitious multi-year plan to transform Sara Lee into a company focused on its food, beverage, and household and body care businesses around the world.
As part of its transformation plan, Sara Lee will drive growth in its key categories via such strong brands as Ambi Pur, Ball Park, Douwe Egberts, Hillshire Farm, Jimmy Dean, Kiwi, Sanex, Senseo and its namesake, Sara Lee.