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updated: 5/22/2013 10:59 AM

Kraft Foods declares 50 cent quarterly dividend

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NORTHFIELD -- The board of directors of Kraft Foods Group Inc. declared a regular quarterly dividend of 50 cents per share of common stock, payable on July 12 to shareholders of record as of June 28.

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Kraft Foods Group is the North America packaged food and beverage company, with annual revenues of more than $18 billion. The company split last year, keeping household brands like Kraft, Maxwell House, Oscar Mayer, Philadelphia, Planters, Velveeta, Capri Sun, Jell-O and Lunchables. Mondelez International, which was formed after the split, maintains Kraft's former snack brands such as Oreos.

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