Kroger (KR) Raises Quarterly Dividend 13.5% to $0.21; 1.2% Yield
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Go back to Kroger (KR) Raises Quarterly Dividend 13.5% to $0.21; 1.2% Yield
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
June 25, 2015 11:26 AM EDT
Kroger (NYSE: KR) halted with news pending. Shares of Kroger were down 0.3 percent ahead of the halt, volume is about average for the session.
Kroger most recently reported Q1 results on June 18th. EPS of $1.25 and revenue of $33.1 billion compared with consensus estimates... More
