Kroger issues quarterly dividend, up 12%

CINCINNATI —  Kroger's board of directors on Friday declared a quarterly dividend of $0.185 per share to be paid on March 1 to shareholders of record as of the close of business on Feb. 16.

 

In September, Kroger's board of directors raised the quarterly dividend by approximately 12%. Kroger has delivered double-digit compound growth in its dividend since it was reinstated in 2006. 

 

The company continues to expect an increasing dividend over time.