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Bridgford Foods Corp. Announces Quarterly Cash Dividend.


Business Editors

ANAHEIM Anaheim (ăn`əhīm), city (1990 pop. 266,406), Orange co., S Calif., SE of Los Angeles; inc. 1870. Anaheim was founded by Germans in 1857 as an experiment in communal living. , Calif.--(BUSINESS WIRE)--Aug. 13, 2002

Bridgford Foods Corp. (Nasdaq:BRID n. 1. A bird. ) today announced a reduced quarterly cash dividend of $0.05 per share.

The reduction from the previous rate of $0.07 per share relates to reduced earnings in the current fiscal year. Bridgford Foods previously announced basic earnings per share of $0.29 for the first half of the 2002 fiscal year, compared with $0.40 earned in the same period a year ago.

The dividend is payable Oct. 4, 2002, to shareholders of record on Sept. 6, 2002. Bridgford Foods, a producer of frozen bread dough, microwaveable sandwiches, processed meats, dry sausages and other convenience food products, currently has 10.4 million shares outstanding.
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Comment:Bridgford Foods Corp. Announces Quarterly Cash Dividend.
Publication:Business Wire
Geographic Code:1USA
Date:Aug 13, 2002
Words:119
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