020845 Kraft Increases Regular Quarterly Dividend 15%August 28, 2002Northfield, IL (BUSINESS WIRE) - The Board of Directors of Kraft Foods Inc. voted to increase the company's regular quarterly dividend by 15.4%, to an annualized rate of $0.60 per common share of Class A and Class B stock. The new quarterly dividend of $0.15 per common share, up from $0.13 per common share, is payable on October 7, 2002, to stockholders of record as of September 16, 2002. The company noted that the increase in its dividend is a reflection of its continued strong financial performance and its commitment to returning value to shareholders. Kraft Foods markets many of the world's leading food brands, including Kraft cheese, Maxwell House and Jacobs coffees, Nabisco cookies and crackers, Philadelphia cream cheese, Oscar Mayer meats, Post cereals and Milka chocolates, in more than 145 countries.
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