Albertsons (ACI) Raises Quarterly Dividend 20% to $0.12; 1.7% Yield

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Albertsons Companies Increases Quarterly Dividend by 20 Percent

October 18, 2021 7:25 AM EDT

BOISE, Idaho--(BUSINESS WIRE)-- Albertsons Companies, Inc. (NYSE: ACI) (the Company) today announced that its Board of Directors has declared a 20% increase in the quarterly dividend on its common stock, from $0.10 per share to $0.12 per share. At the new rate, the dividend on an annualized basis will be $0.48 per share compared to the previous rate of $0.40 per share.

The next quarterly dividend of $0.12 per share of common stock will be paid on November 12, 2021 to stockholders of record as of the close of business on October 29, 2021.

The ongoing strength of our... More