Kraft Foods declares 50 cent quarterly dividend

PRNewswire

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.

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.