Campbell Soup raises dividend 10 pct to 27.5 cents

AP News
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Posted: Nov 18, 2009 4:55 PM

Campbell Soup Co. said Wednesday its board has approved a 10 percent increase in its quarterly dividend to 27.5 cents per share, effective for the second quarter of fiscal 2010.

The dividend will be paid Feb. 1 to shareholders of record on Dec. 30.

Campbell Soup is based in Camden, N.J. Its shares rose 19 cents to $33.77 on Wednesday.