1 =============================================================================== UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 APRIL 10, 1998 (Date of Report) UNIVERSAL FOODS CORPORATION (Exact name of registrant as specified in its charter) WISCONSIN 1-7626 39-0561070 (State or other (Commission File (IRS Employer jurisdiction of Number) ID Number) incorporation) 433 EAST MICHIGAN STREET MILWAUKEE, WISCONSIN 53202 (Address of principal executive offices) (414) 271-6755 (Registrant's telephone number, including area code) =============================================================================== 2 ITEM 5. OTHER EVENTS STOCK SPLIT. On April 9, 1998, the Board of Directors of Universal Foods Corporation declared a two for one stock split in the form of a 100% stock dividend on its common stock (par value $.01 per share). The record date for the stock dividend is May 6, 1998 and the payment date is May 22, 1998. Cash will be distributed in lieu of fractional shares. CASH DIVIDEND. Also on April 9, 1998, the Board of Directors of Universal Foods Corporation declared a cash dividend of twenty-six and one-half cents ($0.265) per share on its common stock (par value $.01 per share). The cash dividend is payable on June 1, 1998 to shareholders of record on May 6, 1998 on a "pre-split" basis (each share held of record on May 6, 1998 will receive a cash dividend of $0.265 before giving effect to the above-referenced stock split). PRESS RELEASE. Also on April 9, 1998, Universal Foods Corporation issued a Press Release announcing the above-referenced stock split and cash dividend. A copy of said Press Release is attached hereto as Exhibit 99.1 and is incorporated herein by this reference. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits: 99.1 Press release announcing declaration of stock split and cash dividend. 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UNIVERSAL FOODS CORPORATION (Registrant) By: /s/ John L. Hammond ----------------------- John L. Hammond Vice President, Secretary and General Counsel Date: April 10, 1998 4 UNIVERSAL FOODS CORPORATION EXHIBIT INDEX TO CURRENT REPORT ON FORM 8-K Incorporated Exhibit Herein By Filed Number Description Reference Herewith -------- ----------- ------------ -------- 99.1 Press release announcing declaration of stock split and cash dividend. X