Kraft Foods Raises Dividend By 5%; Now Offers a 3.90% Yield (KRFT)

Late on Tuesday, October 1st 2013,  packaged foods manufacturer Kraft Foods Group Inc declared its next quarterly dividend, raising that payout to shareholders by 5%.
Kraft Foods will now pay out a quarterly dividend of 52.5 cents per share, up from its prior dividend payout of 50 cents per share. This new dividend will be paid on October 25 to shareholders of record on October 11, with an ex-dividend date of October 9.

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