CINCINNATI -- In a move reflecting boardroom confidence in Kroger‘s strategic plan, Kroger here last week said it would increase its quarterly dividend by a penny. The dividend of 7.5 cents per share will be paid to shareholders on June 1. The increase reflects a 15.4% increase from 6.5 cents Kroger paid a tear ago when it reintroduced a dividend for the first time in 14 years. “In keeping with the objectives outlined when the dividend policy was initiated last year, Kroger‘s board increased ...
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