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Motley Fool Global Gains / GGV: Canada & Bermuda


Subject:  Re: Menu Foods Date:  3/24/2007  10:13 PM
Author:  Puck50 Number:  20 of 29

I've located the IR webpage for Menu:

Management's discussion in the most recent quarterly report indicates that Menu hasn't been paying out distibutions recently, instead opting to use cash flows to pay down debt; however the debt paydown has reached the point where the re-initiation of the dividend appeared to be close at hand prior to last weeks events. Menu reported distributable income through the first nine months of fiscal 2006 of C$.66 versus C$.42 in '05. Menu's share price on TSX closed at C$5.10 on Friday.
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