TORRANCE, Calif.--(BUSINESS WIRE)--Aug. 28,
2006--Farmer Bros. Co. (NASDAQ:FARM) today said its Board of Directors has
declared a quarterly dividend of $0.11 per share for shareholders of
record on Oct. 27, 2006, payable on Nov. 13, 2006. This marks the tenth
consecutive year in which the Board has increased the dividend.
The Board also scheduled the annual meeting
of shareholders for November 27, 2006, and set October 4, 2006 as the
record date. The meeting will be held at the Company's headquarters in
Torrance.
Farmer Bros. Co. is an institutional coffee
roaster that sells a variety of coffee and allied products to the food
service industry. The Company's signature trucks and vans bearing the
"Consistently Good" logo are seen throughout Farmer Brothers' 28-state
service area. Farmer Brothers has paid a dividend for 52 consecutive
years, increased the dividend in each of the last 10 consecutive years,
and its stock price has grown on a split-adjusted basis from $1.80 a share
in 1980.
Contact:
Abernathy MacGregor Group
Jim Lucas / Whitney Hays, 213-630-6550