Kraft Foods Group, Inc. (NASDAQ: KRFT) today announced that its Board of Directors approved an increase in the company's quarterly dividend to $0.55 per share of common stock, an increase of approximately 5 percent versus the prior rate of $0.525 per share. This dividend is payable on Oct. 31, 2014 to shareholders of record as of Oct. 17, 2014.
ABOUT KRAFT FOODS GROUP
Kraft Foods Group, Inc. (NASDAQ: KRFT) is one of North America's largest consumer packaged food and beverage companies, with annual revenues of more than $18 billion. The company's iconic brands include Kraft,Capri Sun, Jell-O, Kool-Aid, Lunchables, Maxwell House, Oscar Mayer, Philadelphia, Planters and Velveeta. Kraft's 22,500 employees in the U.S. and Canada have a passion for making the foods and beverages people love. Kraft is a member of the Standard & Poor's 500 and the NASDAQ-100 indices. For more information, visit www.kraftfoodsgroup.com and www.facebook.com/kraft.
Kraft Foods Group
Basil Maglaris (media), 847-646-4538
news@kraftfoods.com
or
Christopher Jakubik, CFA (investors), 847-646-5494
ir@kraftfoods.com