The company announced that its board of directors intends to increase its quarterly cash dividend 25% from 12c per share to 15c per share, which the company expects to take effect beginning with the next quarterly dividend declaration.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ACI:
- Albertsons terminates merger agreement with Kroger
- Kroger price target raised to $62 from $58 at Morgan Stanley
- Albertsons price target lowered to $19 from $24 at Morgan Stanley
- Kroger, Albertsons deal ‘very likely dead,’ says Roth MKM
- Kroger likely to ‘stand down’ after Albertsons ruling, says JPMorgan