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

Jan 10, 2025

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."

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Border View Farms is a mid-sized family farm that sits on the Ohio-Michigan border. My name is Nathan. I make and edit all of the videos posted here. I farm with my dad, Mark and uncle, Phil. We also have a part-time employee, Brock. My dad started the farm in 1980. Since then we have grown the operation from just a couple hundred acres to over 3,000. Watch my 500th video for a history of our farm I filmed with my dad.

I started making these videos in the fall of 2019 as a way to help show what I do on a daily basis as a farmer. Agriculture is different from any other industry and I believe the more people that are showing their small piece of agriculture, helps to build our story. We face unique challenges and stressful situations but have some of the most rewarding payoffs in the end. I get to spend everyday doing what I love, raising my kids on the farm, and trying to push our farm to be better every year. I hope that I can address questions or concerns that you might have about farms and agriculture.

I hope you enjoy my content and ask questions as you have them. I do my best to answer anything I can. Thanks for watching!