-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, U6mnOZ0WvS9SBOaGG4e908doyXSuDsnmhuhTScYqwsO1fd96jzFQaGGOWDSigbyk Cx6WCfkcXix+yszNYYdgGg== 0000950152-05-004577.txt : 20050518 0000950152-05-004577.hdr.sgml : 20050518 20050518161456 ACCESSION NUMBER: 0000950152-05-004577 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050518 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20050518 DATE AS OF CHANGE: 20050518 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HEINZ H J CO CENTRAL INDEX KEY: 0000046640 STANDARD INDUSTRIAL CLASSIFICATION: CANNED, FROZEN & PRESERVED FRUIT, VEG & FOOD SPECIALTIES [2030] IRS NUMBER: 250542520 STATE OF INCORPORATION: PA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03385 FILM NUMBER: 05841942 BUSINESS ADDRESS: STREET 1: 600 GRANT ST CITY: PITTSBURGH STATE: PA ZIP: 15219 BUSINESS PHONE: 4124565700 MAIL ADDRESS: STREET 1: P O BOX 57 STREET 2: P O BOX 57 CITY: PITTSBURGH STATE: PA ZIP: 15230 8-K 1 j1404201e8vk.txt H.J. HEINZ COMPANY 8-K ============================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of Earliest Event Reported): May 18, 2005 H. J. HEINZ COMPANY (Exact name of registrant as specified in its charter) Pennsylvania 1-3385 25-0542520 (State of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 600 Grant Street, Pittsburgh, 15219 Pennsylvania (Zip Code) (Address of principal executive offices) 412-456-5700 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) ============================================================================= ITEM 7.01. REGULATION FD DISCLOSURE Attached is H.J. Heinz Company's press release dated May 18, 2005 furnished herewith as Exhibit 99. On May 18, 2005, the Board of Directors of H.J. Heinz Company announced that the common stock dividend will be raised by 5.3% (from 28.5 cents to 30.0 cents per quarter), for all shareholders of record as of June 24, 2005, payable July 10, 2005, representing the Company's commitment to return approximately 45 to 50% of future years' earnings to shareholders in the form of a dividend. INDEX TO EXHIBITS Exhibit Number (referenced to Item 601 of Regulation S-K Description of Exhibit - -------------- ---------------------- 99 H.J. Heinz Company Press Release dated May 18, 2005 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. H.J. HEINZ COMPANY By /s/ Arthur Winkleblack ---------------------------------- Arthur Winkleblack Executive Vice President and Chief Financial Officer Dated: May 18, 2005 Exhibit No. Description of Exhibit - ----------- ---------------------- 99 H.J. Heinz Company Press Release dated May 18, 2005 EX-99 2 j1404201exv99.txt EXHIBIT 99 Exhibit 99 HEINZ WORLD HEADQUARTERS "THE GOOD FOOD COMPANY" FOR RELEASE UPON RECEIPT HEINZ BOARD INCREASES QUARTERLY COMMON STOCK DIVIDEND BY 5.3%, AS PREVIOUSLY DISCUSSED PITTSBURGH, MAY 18, 2005 - The H.J. Heinz Company (NYSE:HNZ) announced today that its Board of Directors declared quarterly dividends on both common and preferred stock. The common stock dividend will be raised by 5.3% (from 28.5 cents to 30.0 cents per quarter), for all shareholders of record as of June 24, payable July 10. This increase was previously discussed with investors on February 28, during the company's third-quarter conference call. "This increase reflects the health of our core business, both in the U.S. and abroad and our strong cash performance. It also represents our commitment to return 45 to 50% of earnings to shareholders in the form of a dividend. This increase puts the Heinz common stock dividend in the upper end of that payout range," explained William R. Johnson, Heinz chairman, president and CEO. Based on yesterday's closing price of Heinz stock of $37.18, the new dividend yield would be approximately 3.2%, ranking Heinz in the top 20% of the S&P 500. The Board also declared a dividend of 42.5 cents per share on the company's Third Cumulative Preferred Stock, $1.70 First Series, payable July 1, 2005, to shareholders of record at the close of business on June 24, 2005. ## H.J. Heinz Company, P.O. Box 57, Pittsburgh 15230-0057 2 SAFE HARBOR PROVISIONS FOR FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect management's view of future events and financial performance. These statements are subject to risks, uncertainties, assumptions and other important factors, many of which may be beyond Heinz's control and could cause actual results to differ materially from those expressed or implied in these forward-looking statements. Uncertainties contained in such statements include, but are not limited to, sales, earnings, and volume growth, general economic, political, and industry conditions, competitive conditions, which affect, among other things, customer preferences and the pricing of products, production, energy and raw material costs, the need for product recalls, the ability to anticipate and respond to consumer trends, the ability to maintain favorable supplier relationships, achieving cost savings programs and gross margins, currency valuations and interest rate fluctuations, success of acquisitions, joint ventures, and divestitures, new product and packaging innovations, product mix, the effectiveness of advertising, marketing, and promotional programs, supply chain efficiency and cash flow initiatives, the impact of e-commerce and e-procurement, risks inherent in litigation (including the Remedia-related claims in Israel and rights against third parties) and international operations, particularly the performance of business in hyperinflationary environments, changes in estimates in critical accounting judgments and other laws and regulations, including tax laws, the success of tax-planning strategies, the possibility of increased pension and medical benefit expenses, and contributions and other people-related costs, the possibility of an impairment in Heinz's investments, and other factors described in "Cautionary Statement Relevant to Forward-Looking Information" in the Company's Form 10-K for the fiscal year ended April 28, 2004, and the Company's subsequent filings with the Securities and Exchange Commission. The forward-looking statements are and will be based on management's then current views and assumptions regarding future events and speak only as of their dates. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by the securities laws. # # ABOUT HEINZ: H.J. Heinz Company, offering "Good Food Every Day(TM)," is one of the world's leading marketers and producers of branded foods in ketchup, condiments, sauces, meals, soups, seafood, snacks, and infant foods. Heinz satisfies hungry consumers in every outlet, from supermarkets, to restaurants to convenience stores and kiosks. Heinz is a global family of leading brands, including Heinz(R) Ketchup, Sauces, Soups, Beans, Pasta and Infant Foods (representing nearly one-third of total sales or close to $3 billion), Ore-Ida(R) french fries, Boston Market(R) and SmartOnes(R) meals, and Plasmon(R) baby food. Heinz's 50 companies have number-one or number-two brands in 200 countries, showcased by Heinz(R) Ketchup, the World's Favorite Ketchup(TM). Information on Heinz is available at www.heinz.com/news. # # # CONTACT: Media: Ted Smyth, 412-456-5780; Debbie Foster, 412-456-5778; OR Investors: Jack Runkel, 412-456-6034. -----END PRIVACY-ENHANCED MESSAGE-----