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Anheuser-Busch said its earnings rose 2% in...

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From Times Wire Services

Anheuser-Busch said its earnings rose 2% in the second quarter and that it will boost its dividend 10% to 44 cents a share.

The St. Louis company also said it will spin off its baking subsidiary, which makes Rainbo and Earth Grains breads.

Net earnings for the quarter ended June 30 were $329 million, or $1.26 a share. That compares to net earnings of $323 million, or $1.20 a share, a year ago.

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