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ASHEVILLE, N.C. - Ingles Markets, based here, today announced that its Board of Directors has declared a cash dividend of 16.5 cents per share on all its Class A Common Stock and 15 cents per share on all its Class B Common Stock.
Ingles Markets operates 199 supermarkets in six southeastern states. It also also runs 77 neighborhood shopping centers, all but 17 of which contain an Ingles supermarket. The Company's Class A Common Stock is traded on Nasdaq under the symbol: IMKTA.