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The Honolulu Advertiser

Posted at 10:07 a.m., Thursday, April 26, 2007

A&B to raise dividend 16 percent to 29 cents a share

Advertiser Staff

Alexander & Baldwin Inc. said today that it will raise its second quarter dividend by 16 percent.

A&B's board of directors voted to increase the company's quarterly dividend to 29 cents per share from 25 cents per share . The dividend is payable on June 7 for shareholders of record on May 10.