updated 10/11/2010 1:45:28 AM ET 2010-10-11T05:45:28

SAN FRANCISCO, Oct. 8, 2010 (GLOBE NEWSWIRE) -- Diamond Foods, Inc. (Nasdaq:DMND) today announced that its Board of Directors approved a cash dividend of $0.045 per common share. The dividend will be payable on November 3, 2010, to common stockholders of record as of October 22, 2010. 

About Diamond

Diamond Foods  is a high-growth innovative packaged food company focused on building, acquiring and energizing brands including Kettle® Chips, Emerald ® snack nuts, Pop Secret ® popcorn, and Diamond of California ® culinary and snack nuts. The Company's products are distributed in a wide range of stores where snacks and culinary nuts are sold.

Corporate Web Site: www.diamondfoods.com

Consumer Web Sites:  www.kettlebrand.com , www.kettlefoods.co.uk , www.emeraldnuts.com , www.popsecret.com , www.diamondnuts.com , www.feedyourfingers.com

The Diamond Foods, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6112

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