Friday, November 20, 2009

Bob Evans ups dividend, OKs stock buyback

Hot off a bump in fiscal second-quarter earnings, Bob Evans Farms Inc. told investors it plans to raise its quarterly dividend by more than 10 percent.

The Columbus-based restaurant chain said its board has given the green light to a dividend of 18 cents a share payable Dec. 15 to shareholders of record as of Dec. 4. That’s up 12.5 percent from Bob Evans’ previous 16-cents-a-share dividend

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