Kroger Co (ticker symbol KR) today announced a new quarterly dividend of $0.26 per share, up 23.8% from the previous quarterly dividend of $0.21 per share. The next quarterly dividend of $0.26 per KR share will be paid on September 1, 2022 to shareholders of record as of close of business on August 15, 2022. The new annualized dividend rate of $1.04 per share translates into a 2.2% dividend yield at a stock price of $47.33 for Kroger.
The company currently pays approximately $757 million in annual dividends to shareholders. Kroger has raised its dividend 16 consecutive years if this new 2022 dividend hike is included.
| Kroger (KR) Dividend history and dividend growth | |
| Company name | Kroger Co |
| Ticker symbol | KR |
| Dividend paid since | 2006 |
| Track record (years increased) | 16 |
| Payment Frequency | Quarterly dividend |
| Sector | Consumer Staples |
| Business | Supermarkets |
| Dividend growth: 5 year average | 15.8% |
| Next dividend per share | $0.26 |
| Annual dividend per share | $1.04 |
| KR dividend statistics and stock price return as of June 29, 2022 | |
| Dividend yield | 2.2% |
| Stock price | $47.33 |
| YTD Total Return | 7.2% |
| Next ex-dividend date | August 12, 2022 |
| Next payment date | September 1, 2022 |
| Market cap (in $B) | 33.87 |
| Total dividend (in $B) | 0.74 |
| © www.dividendhike.com | |
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.
2023