Wrigley Boosts Dividend 16 Percent
The Wrigley Company (WWY),
the maker of chewing gum (Juicy Fruit, Doublemint, Spearmint and more),
mints and candies, has been satisfying its customers with high-quality
products for over 100 years.
And WWY shareholders have benefited from a long, uninterrupted record
of increasing dividends. Currently, Wrigley's dividend is $0.29 (2.30
percent yield), but it will increase to $0.335 on May 1, 2008 for shareholders
of record at the close of business on April 15, 2008. Since July 1985,
Wrigley's quarterly dividend, adjusted for stock splits, has increased
from $0.00334 to $0.335, a 9,929.94 percent increase.
WWY is an excellent candidate for a long-term dividend reinvestment portfolio.
I (RAH) have owned WWY for years.
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Wrigley Is a Great Dividend-Paying Stock
Posted February 16, 2008.
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