The General Mills Board of Directors declared a quarterly dividend at the prevailing rate of $0.48 per share, payable May 1, 2017, to shareholders of record as of April 10, 2017. General Mills current annualized dividend rate of $1.92 per share represents an increase of 8 percent over the annual dividend of $1.78 paid in fiscal 2016.
And, the Board of Directors of Heartland Express announced the declaration of a regular quarterly cash dividend. The $0.02 per share dividend will be paid on April 3, 2017 to shareholders of record at the close of business on March 24, 2017. This is the Company's fifty-fifth consecutive quarterly cash dividend. With the payment of this dividend, the Company will have paid a total of $465.7 million in cash dividends, including three special dividends since the dividend program was implemented in the third quarter of 2003.
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