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ASHEVILLE, N.C. -- Regional chain Ingles Markets, Inc. here said yesterday that its board of directors has declared a cash dividend of $0.165 per share on all of its class A common stock and $0.15 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 20, 2006 to all shareholders of record on July 6, 2006.
Ingles Markets has operations in six southeastern states, including 197 supermarkets and 74 neighborhood shopping centers, all but 17 of which contain an Ingles supermarket.