Updated at 2:11 p.m., Thursday, September 21, 2006
Business briefs: ML Macadamia Orchards to pay dividend
Advertiser Staff
ML Macadamia Orchards LP said has declared a quarterly cash distribution of five cents per share.The dividend is the same as the previous rate and will be paid Nov. 15 to shareholders of record as of Sept. 29, 2006. It is the 82nd consecutive quarterly distribution, dating back to the inception of the company in 1986.
Egg producers trade group settles claim
Hawaii is among 15 states that have reached an agreement with the United Egg Producers to resolve allegations that the trade group misled consumers about how egg-laying chickens are treated, the state said today.
The states and the District of Columbia launched an investigation early last year into the trade group's "Animal Care Certified" logo that appeared on egg cartons.But the investigation concluded that the logo misled consumers about the quality of care, which allowed the forced molting of hens, confinement in crowded wire cages and debeaking of chicks, according to the state Office of Consumer Protection.