The maker of Vlasic Pickles, Celeste Frozen Pizza, Van de Kamp fish sticks and a variety of other frozen and packaged foods, Pinnacle Foods Inc. (NYSE: PF) priced its (IPO) at $20 a share, the high end of its proposed $18 to $20 range.
Food processors and packagers are not high-growth stocks, and investors in Pinnacle Foods likely are looking at its projected dividend yield of 3.8% as the enticement to buy into the company.
Pinnacle will issue 29 million shares today ...
Food processors and packagers are not high-growth stocks, and investors in Pinnacle Foods likely are looking at its projected dividend yield of 3.8% as the enticement to buy into the company.
Pinnacle will issue 29 million shares today ...
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