CAMDEN, N.J.–(BUSINESS WIRE)–Sept. 27, 2007–Campbell Soup Company (NYSE:CPB) today announced that the Company’s Board of Directors has approved a 10 percent increase in its quarterly dividend from $.20 per share to $.22 per share. The quarterly dividend is payable October 29, 2007 to shareholders of record at the close of business on October 9, 2007. On an annual basis, the dividend will increase from $.80 per share to an indicated $.88 per share.
Douglas R. Conant, Campbell’s President and Chief Executive Officer, said, “This dividend increase reflects our strong financial performance and our confidence in Campbell’s future.”
About Campbell Soup Company
Campbell Soup Company is a global manufacturer and marketer of high quality foods and simple meals, including soup, baked snacks, vegetable-based beverages, and premium chocolate products, with annual revenues in excess of $7.8 billion. Founded in 1869, the company has a portfolio of market-leading brands, including “Campbell’s,” “Pepperidge Farm,” “Arnott’s,” “V8,” and “Godiva.” For more information on the company, visit Campbell’s website at www.campbellsoupcompany.com.
CONTACT: Campbell Soup Company Anthony Sanzio (Media) 856-968-4390 or Leonard F. Griehs (Analysts) 856-342-6428 SOURCE: Campbell Soup Company
