Dole Food Company sent a letter to shareholders regarding tax information related to a stock dividend of Castle & Cooke, Inc. common stock. The letter notes that in addition to the stock dividend, Dole paid four quarterly cash dividends of $0.10 per share each. The first two quarterly dividends are taxable, while the last two are believed to not be taxable according to Dole's estimation.
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1. Dole Food Company, Inc.
P.O. Box 5132
Westlake Village, CA 91359-5132
Phone (818) 879-6600
February 26, 1996
RE: Dole Food Company, Inc. Common Shares (cusip: 256 605 106)
You were previously sent material containing important tax information
regarding the distribution of Castle & Cooke, Inc. common stock by Dole Food
Company, Inc. to Doles shareholders as a stock dividend.
In addition to the dividend of Castles common stock, Dole paid four quarterly
cash dividends of $.10 per share per quarter. The first two quarterly dividends,
paid on March 23 and June 15, 1995, respectively, are taxable to Doles
shareholders; the last two quarterly dividends, paid on October 5 and
December 14, 1995, respectively, in Doles estimation are NOT taxable to
Doles shareholders.
Dole Food Company, Inc.