PLEASANTON, Calif. — Safeway here told shareholders at its annual meeting Wednesday that it plans "many significant innovations” this year, though it did not elaborate. It also said it would use some of its $1 billion in free cash flow to boost the dividend it pays to 12 cents a share per quarter, or 48 cents annually — a 20% increase, or a total of $184 million. Steve Burd, chairman, president and chief executive officer, also said the company's priorities for the balance of free cash flow ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.