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    Ingles Markets declares cash dividend

    May 13, 2004
    Ingles Markets Inc's board of directors has declared a cash dividend of $0.165 (16-1⁄2 cents) per share on all its Class A common stock and $0.15 (15 cents) per share on all its Class B common stock.

    Ingles Markets Inc's board of directors has declared a cash dividend of $0.165 (16-1⁄2 cents) per share on all its Class A common stock and $0.15 (15 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 July 7, 2004, to all shareholders of record June 29, 2004.

    Headquartered in Asheville NC, Ingles operates 196 supermarkets in six southeastern states.

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