J&J to increase dividend 10.6%

J&J Snack Foods Corp., Pennsauken, boosted its quarterly dividend 10.6 percent, to 13 cents per share, from 11.75 cents per share, the company said today.

The new dividend is payable Jan. 5 to shareholders of record on Dec. 15.

J&J's products include Superpretzels, Luigi's Italian ices, and Daddy Ray's fig and fruit bars.

The company's shares traded for $52.22 on Nasdaq this morning, up 60 cents.    - Harold Brubaker