Reported about 19 hours ago
Kroger Co. has raised its quarterly dividend to $0.35 per share, marking the 19th consecutive year of dividend increases since 2006. This increase, effective for shareholders on record as of August 15, 2025, elevates the annual dividend from $1.28 to $1.40 per share. The company's strong cash flow generation, projected between $2.8 billion and $3 billion for fiscal 2025, is cited as a key factor in this decision, reflecting the board's confidence in long-term shareholder value.
Source: YAHOO