Dakota City, NE - IBP Chairman Robert L. Peterson announced today that IBP's Board of Directors has declared a cash dividend of $.025 per share of common stock for the second quarter of 1998.
The dividend will be payable on July 15, 1998, to shareholders of record on June 15, 1998.
IBP is the world's largest producer of fresh beef, pork and related allied products and a high quality supplier of fully prepared meats for the retail and foodservice industries. The company employs 38,000 people.
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