Kroger Raises Quarterly Dividend 13.5 Percent
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June 25, 2015 11:44 AM EDT
Kroger (NYSE: KR) declared a quarterly dividend of $0.21 per share, or $0.84 annualized. This is a 13.5% increase from the prior dividend of $0.185.
The dividend will be payable on September 1, 2015, to stockholders of record on August 14, 2015, with an ex-dividend date of August 12,... More
June 25, 2015 11:33 AM EDT
Kroger (NYSE: KR) announced that its Board of Directors approved a 13.5 percent increase to the company's quarterly dividend, a two-for-one split of its common shares, and a new $500 million share repurchase program.
"Today's actions reflect our Board of Directors' confidence in Kroger's long-term performance and ability to deliver growth consistently to our investors," said Rodney McMullen, Kroger's chairman and CEO. "The stock split will increase the accessibility of our shares and liquidity in the trading of our shares. We are... More
