Kroger (KR) Raises Quarterly Dividend 12.1% to $0.185; 1.4% Yield

Kroger (NYSE: KR) declared a quarterly dividend of $0.185 per share, or $0.74 annualized. This is a 12.1% increase from the prior dividend of $0.165.

The dividend will be payable on December 1, 2014, to stockholders of record on November 14, 2014, with an ex-dividend date of November 12, 2014.

The annual yield on the dividend is 1.4 percent.

"This increase reflects our Board of Directors' confidence that Kroger's accelerated growth plan will both enhance our Customer 1st strategy and deliver long-term growth investors can count on," said Rodney McMullen, Kroger's chief executive officer. "Kroger has returned more than $10 billion to shareholders through dividends and share repurchases since we reinstated dividends in 2006."

For a dividend history and other dividend-related data on Kroger (KR) click here.

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