Kroger As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
KR $1.16 11.5% 23.8% 16.7%
Business yield Hike yrs 5 yr CAGR freq. paid since
Supermarkets 2.6% 17 15.7% Quarter 2006

Kroger (KR) will raise its quarterly dividend by 14.3 percent to $0.12 per share in 2016.

"We remain committed to delivering value to shareholders. Kroger has delivered double-digit compound growth in its dividend since we reinstated it in 2006," said Rodney McMullen, Kroger's chairman and CEO. "Our strong cash flow has enabled us to return to shareholders more than $2.7 billion in dividends since 2006."

The Kroger Co. operates supermarkets and multi-department stores throughout the United States. Kroger operates supermarkets under a variety of local banner names, including pharmacies, fuel centers and jewelry stores. The company's brands include Baker's, City Market, Dillons, Food 4 Less, Foods Co, Fred Meyer, Fry's, Gerbes, Harris Teeter, King Soopers, Jay C Food Store, Kroger, Owens Market, Pay-Less Super Markets, QFC, Ralphs and Smith's Food and Drug. The Kroger Co. was founded in 1883 and incorporated in 1902.