The Kroger Co. (NYSE:KR) Raises Quarterly Dividend By 13 Percent

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The Kroger Co. (NYSE:KR) declared quarterly dividend of $ 0.18 per share, or $ 0.72 annualized. This is an increase of 13 percent from the previously announced dividend.

The dividend will be payable on September 1, 2020, to stockholders of record on August 14, 2020, with an ex-dividend date of August 13, 2020.

Stock Performance

According to the previous trading day, closing price of KR was $ 32.82, representing a 58.55 % increase from the 52 week low of $ 20.70 and a 10.91 % decrease over the 52 week high of $ 36.84.

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The company has a market capital of $ 25.77 billion and is part of the Consumer Defensive sector and Grocery Stores industry.

Dividends History
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The Kroger Co. operates as a retailer in the United States. The company operates supermarkets, multi-department stores, marketplace stores, and price impact warehouse stores.