Maple Leaf Foods says it will now pay a quarterly dividend of 21 cents per share, up from 20 cents per share
raised its dividend as it reported a loss of $41.5-million in its latest quarter due in part to weaker pork markets and a cyberattack.
The increased payment to shareholders came as Maple Leaf says its loss for the quarter ended Dec. 31 amounted to 34 cents per share compared with a profit of $1.9-million or two cents per share in the last three months of 2021.The company says its most recent quarter included a $23-million hit related to what it called a cybersecurity incident in November and $25.8-million in startup expenses related to construction projects.
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