Maple Leaf Foods Increases Quarterly Dividend by 9% and announces First Quarter Distribution

Maple Leaf Foods Inc. ("Maple Leaf Foods" or the "Company") (TSX: MFI), an iconic Canadian protein company, announced today that it is increasing its quarterly cash dividend by 9% from $0.22 per share to $0.24 per share, or $0.96 per share annually. With this increase, the dividend payment for the first quarter of 2025 will be $0.24 per common share, payable on March 31, 2025, to shareholders of record at the close of business on March 7, 2025. 

"I'm pleased to announce that for the tenth consecutive year, Maple Leaf Foods is delivering an increase in its quarterly dividend," said Curtis Frank, President and CEO. "We are proud of our long history of sustainable dividend growth supported by the execution of our strategic Blueprint as we continue to meet the rising consumer demand for protein."