Dividend Changes: Monro Muffler Brake, HJ Heinz, FedFirst Financial
Monro Muffler Brake Inc’s (NASDAQ:MNRO) Board of Directors has approved a 1c increase in the Company’s cash dividend for the first quarter of fiscal year 2013 to 10c per share, representing an increase of 11.1% from the quarterly dividends paid in fiscal 2012. The increased dividend will be payable on June 14 to shareholders of record as of June 4.
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HJ Heinz Co. (NYSE:HNZ) announced that its Board of Directors has approved a 7.3% increase in the annualized common stock dividend, marking the Company’s ninth consecutive year of dividend growth. The quarterly common stock dividend will increase from 48c to 51.5c per share quarterly for all shareholders of record as of June 24, 2012, payable July 10, 2012. The dividend declared by the Board results in a new annualized common stock dividend of $2.06, an increase of 14c from last year.
FedFirst Financial Corp. (NASDAQ:FFCO) announced that its board has approved an increase in the quarterly cash dividend to 4c per outstanding share of common stock, up from 3c per share. The dividend will be paid on or about June 29 to stockholders of record as of the close of business on June 15.
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