Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Business Wire
Sep 29, 2009
Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that its
Board of Directors has declared a cash dividend of $0.165 (sixteen and
one-half cents) per share on all its Class A Common Stock and
$0.15 (fifteen cents) per share on all its Class B Common Stock. This is
an annual rate of $0.66 and $0.60 per share, respectively. Dividends on
both the Class A and Class B Common Stock are payable October 22, 2009,
to all shareholders of record on October 8, 2009.
Ingles Markets, Incorporated is a leading supermarket chain with
operations in six southeastern states. Headquartered in Asheville, North
Carolina, the Company operates 200 supermarkets. In conjunction with its
supermarket operations, the Company also operates 73 neighborhood
shopping centers, all but 16 of which contain an Ingles supermarket. The
Company's Class A Common Stock is traded on The NASDAQ Stock Market's
Global Select Market under the symbol IMKTA. For more information about
the Company, visit Ingles' website at www.ingles-markets.com.
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