Winn-Dixie chalks up a quarterly dividend

The board of directors of Winn-Dixie Stores Inc has declared a cash dividend of 5 cents per share on the company’s common stock for the quarter ended June 25, 2003. The dividend is payable Aug 15, 2003, to shareholders of record at the close of business Aug 1, 2003.

Frank Lazaran, president and chief executive officer, said, “We are pleased to pay our fourth-quarter dividend. The supermarket industry continues to be competitive throughout the southeastern United States. In spite of this competitive environment, our balance sheet continues to strengthen as we make progress towards our financial goals.”

Based in Jacksonville FL, Winn-Dixie is one of the largest food retailers in the nation and ranks 149 on the Fortune 500 list. It operates 1,073 stores in 12 states and the Bahamas.