Kraft declares quarterly dividend of 29 cents/share

Northfield-based Kraft Foods Inc. declared a regular quarterly dividend of 29 cents per common share of Class A stoc, payable April 16 to stockholders of record as of March 30.

Kraft Foods' 2011 revenue was $54.4 billion. Twelve of the company's brands — Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Tang and Trident — generate revenue of more than $1 billion annually, the company said in a statement.