Golden Enterprises, Inc.'s (NASDAQ:GLDC) declared a quarterly dividend of $.03125 per share payable October 26, 2011 to stockholders of record as of October 3, 2011. Golden Enterprises, Inc. saw an increase in Net Sales from the first quarter of 2011 to the first quarter of 2012 of 4%. Net sales for the first quarter were $33,245,190 compared to $31,956,084 for the same period in the prior year. Despite this increase in sales, increased commodity costs impacted margins resulting in basic and diluted earnings per share decreasing from $.09 to $.06 during the first quarter.

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