Reported 2 days ago
The Kroger Co. (KR) has been highlighted as one of the top dividend stocks with sustainable payout ratios, ranking fifth in a list that screened companies with a five-year average payout ratio below 50%. Despite a recent decline in revenue and operating profit, Kroger maintained a strong cash position, generating $5.8 billion in operating cash flow in fiscal 2024, and returned $883 million to shareholders through dividends. Its current quarterly dividend stands at $0.32 per share, reflecting an 18-year record of consistent dividend growth.
Source: YAHOO