Content about Dividend

March 2, 2012

Walmart said Thursday it is continuing its annual tradition of increasing shareholder payout by raising its dividend by 9%.

BENTONVILLE, Ark. — Walmart said Thursday it is continuing its annual tradition of increasing shareholder payout by raising its dividend by 9%.

Walmart will pay a quarterly dividend of 39.75 cents on April 4 to shareholders of record on March 12. That works out to $1.59 per share for the year. The company has increased its dividend every year since its first declared dividend in March 1974.

According to Walmart president and CEO Mike Duke, the company's U.S. business is back on track, and international results remain strong.

March 1, 2012

Despite recording an increase in total and identical-store sales during fourth quarter 2011, Kroger reported a net loss due to costs associated with consolidating its pension plan for union workers.

CINCINNATI — Despite recording an increase in total and identical-store sales during fourth quarter 2011, Kroger reported a net loss due to costs associated with consolidating its pension plan for union workers.

The grocer, whose banners include Kroger, Ralphs and Food 4 Less, said the loss of of $306.9 million, or 54 cents per share, compared with a profit of $278.8 million in the year-ago period.

Total sales in the quarter rose 7.7% to $21.4 billion. Excluding fuel, sales rose 5%. Same-store sales increased 4.9% (excluding fuel).

February 16, 2012

Fred's on Thursday announced an increase in the company's quarterly cash dividend by 20% to 6 cents per share, and an increase in the company's stock repurchase program to an additional 3.6 million shares, or 10% of the currently outstanding shares.

MEMPHIS, Tenn. — Fred's on Thursday announced an increase in the company's quarterly cash dividend by 20% to 6 cents per share, and an increase in the company's stock repurchase program to an additional 3.6 million shares, or 10% of the currently outstanding shares.

February 3, 2012

The board of directors at Weis Markets declared a quarterly dividend of 30 cents per share, the retailer said Thursday.

SUNBURY, Pa. — The board of directors at Weis Markets declared a quarterly dividend of 30 cents per share, the retailer said Thursday.

The dividend will be paid to shareholders of record as of Feb. 13, and payable on Feb. 27, Weis said.

January 23, 2012

Kroger's board of directors on Friday declared a quarterly dividend of 11.5 cents per share.

CINCINNATI — Kroger's board of directors on Friday declared a quarterly dividend of 11.5 cents per share.

The dividend will be paid March 1 to shareholders of record as of the close of business on Feb. 15.

January 12, 2012

Walgreens on Thursday declared a regular quarterly dividend of 22.5 cents per share, a 28.6% increase over the year-ago dividend. The dividend is payable March 12, 2012, to shareholders of record Feb. 17, 2012.

DEERFIELD, Ill. — Walgreens on Thursday declared a regular quarterly dividend of 22.5 cents per share, a 28.6% increase over the year-ago dividend. The dividend is payable March 12, 2012, to shareholders of record Feb. 17, 2012.

Walgreens has paid a dividend in 317 straight quarters (more than 79 years) and has raised its dividend for 36 consecutive years. Over the last five years, Walgreens' annual dividend rate has increased from 31 cents per share to 90 cents per share, resulting in a compound annual growth rate of 23.8%.

November 16, 2011

Clorox on Tuesday announced that its board of directors declared a quarterly dividend of 60 cents per share on the company's common stock.

OAKLAND, Calif. — Clorox on Tuesday announced that its board of directors declared a quarterly dividend of 60 cents per share on the company's common stock.

The dividend is payable Feb. 13, 2012, to to stockholders of record on Jan. 26, 2012.

October 28, 2011

Weis Markets' board of directors on Thursday declared a quarterly dividend of 30 cents.

SUNBURY, Pa. — Weis Markets' board of directors on Thursday declared a quarterly dividend of 30 cents to.

In addition to the 30-cent dividend, the board also offered a special one-time dividend valued at $1 per share as a reward to shareholders, Weis chairman Robert Weis said. The special dividend will be paid to shareholders of record as of Nov. 7 and payable on Nov. 12.

Weis added that the company's $100 million 2011 capital expansion plan is 75% complete.

October 13, 2011

The board of directors of Walgreens on Wednesday declared a regular quarterly dividend of 22.5 cents per share, a 28.6% increase over the year-ago dividend.

DEERFIELD, Ill. — The board of directors of Walgreens on Wednesday declared a regular quarterly dividend of 22.5 cents per share, a 28.6% increase over the year-ago dividend. The dividend is payable Dec. 12 to shareholders of record Nov. 14.

October 11, 2011

Procter & Gamble chairman, president and CEO Bob McDonald acknowledged during the company's annual meeting on Tuesday that P&G has “work left to do to deliver the growth” shareholders expect but stressed that the company is making solid progress in fiscal year 2011 despite business and economic challenges.

CINCINNATI — Procter & Gamble chairman, president and CEO Bob McDonald acknowledged during the company's annual meeting on Tuesday that P&G has “work left to do to deliver the growth” shareholders expect but stressed that the company is making solid progress in fiscal year 2011 despite business and economic challenges.

September 26, 2011

The board of directors of Ingles Markets declared a quarterly cash dividend per share on all of its class A common stock and class B common stock.

ASHEVILLE, N.C. — The board of directors of Ingles Markets declared a quarterly cash dividend per share on all of its class A common stock and class B common stock.

Class A common stock was 16.5 cents, while class B common stock was 15 cents. This is an annual rate of 66 cents and 60 cents per share, respectively.

Dividends of both classes of stock are payable on Oct. 20 to shareholders of record on Oct. 6.

August 25, 2011

The board of directors for supermarket chain Safeway declared a quarterly cash dividend of 14.5 cents per share.

PLEASANTON, Calif. — The board of directors for supermarket chain Safeway declared a quarterly cash dividend of 14.5 cents per share.

The cash dividend is payable on Oct. 13 to stockholders of record on Sept. 22.

August 24, 2011

CVS Caremark’s board of directors has approved a new share repurchase program for up to $4 billion of the company's outstanding common stock.

WOONSOCKET, R.I. — CVS Caremark’s board of directors has approved a new share repurchase program for up to $4 billion of the company's outstanding common stock.

The share repurchase authorization, which is effective immediately, enables the pharmacy retailer to affect the repurchases from time to time through a combination of open market repurchases, privately negotiated transactions, accelerated share repurchase transactions, and/or other derivative transactions. 


July 13, 2011

The board of directors of Walgreens on Wednesday increased the quarterly dividend 28.6% — the largest quarterly dividend increase in the company's 110-year history — to 22.5 cents per share from the previous rate of 17.5 cents per share.

DEERFIELD, Ill. — The board of directors of Walgreens on Wednesday increased the quarterly dividend 28.6% — the largest quarterly dividend increase in the company's 110-year history — to 22.5 cents per share from the previous rate of 17.5 cents per share.

July 8, 2011

Weis Markets announced that its board of directors declared a quarterly dividend of 29 cents per share.

SUNBURY, Pa. — Weis Markets announced that its board of directors declared a quarterly dividend of 29 cents per share.

The company said the dividend is payable to shareholders of record as of July 18 and payable on Aug. 1.

Weis operates 162 stores in Pennsylvania, Maryland, New York, New Jersey and West Virginia.

July 6, 2011

CVS Caremark's board of directors has approved a quarterly dividend of 12.5 cents per share.

WOONSOCKET, R.I. — CVS Caremark's board of directors has approved a quarterly dividend of 12.5 cents per share.

The dividend is payable Aug. 2 to holders of record on July 22, the company noted.

June 27, 2011

Ingles Markets' board of directors declared a cash dividend of 16.5 cents per share on all of its Class A common stock and 15 cents per share on all of its Class B common stock.

ASHEVILLE, N.C. — Ingles Markets' board of directors declared a cash dividend of 16.5 cents per share on all of its Class A common stock and 15 cents per share on all of its Class B common stock.

This is an annual rate of 66 cents and 60 cents per share, respectively.

Dividends on both the Class A and Class B common stock are payable July 21 to all shareholders of record on July 7.

June 24, 2011

Kroger CEO David Dillon said the company will continue to focus on customer loyalty, after reporting last week that it saw identical-store sales increase for 30 consecutive quarters.

CINCINNATI — Kroger CEO David Dillon said the company will continue to focus on customer loyalty, after reporting last week that it saw identical-store sales increase for 30 consecutive quarters.

During its shareholders meeting on Thursday, Dillon said the company will build its future growth around its Customer 1st strategy, which emphasizes "[our] people, products, prices and the shopping experience."

June 10, 2011

Abbott has delivered quarterly dividends for more than 300 consecutive quarters as of Friday, the drug maker said.

ABBOTT PARK, Ill. — Abbott has delivered quarterly dividends for more than 300 consecutive quarters as of Friday, the drug maker said.

Abbott, based in the Chicago area, declared a quarterly common dividend of 48 cents per share, marking the 350th consecutive quarterly dividend to be paid since 1924.

The company said only 1% of companies listed on the S&P 500 Index, of which Abbott is one, had delivered a comparable number of consecutive annual increases and payments.

June 3, 2011

Walmart's board of directors has approved a new program authorizing the company to repurchase $15 billion of its shares, the company announced at its 41st annual meeting of shareholders Friday.

BENTONVILLE, Ark. — Walmart's board of directors has approved a new program authorizing the company to repurchase $15 billion of its shares, the company announced at its 41st annual meeting of shareholders Friday.

This program replaces the previous $15 billion program, announced on June 4, 2010, that had approximately $2 billion of remaining authorization. Under the program, repurchased shares are retired constructively and returned to unissued status.

May 20, 2011

Safeway's board of directors announced a 21% increase in its quarterly dividend.

PLEASANTON, Calif. — Safeway's board of directors announced a 21% increase in its quarterly dividend.

The retailer's cash dividend rose to 14.5 cents per share and will be payable on July 14 to stockholders of record on June 23.

Safeway operates 1,692 stores in the United States and western Canada.

May 5, 2011

Healthcare services company Cardinal Health announced that its board of directors has approved an increase in the company's quarterly dividend to 21.5 cents per share, or 86 cents per share on an annualized basis.

DUBLIN, Ohio — Healthcare services company Cardinal Health announced that its board of directors has approved an increase in the company's quarterly dividend to 21.5 cents per share, or 86 cents per share on an annualized basis.

The declared dividend marks a 10% increase above what the company has paid out since July 2010, and also marks the 107th consecutive regular quarterly dividend for Cardinal Health.

The regular quarterly dividend is payable on July 15 to shareholders of record on July 1.

April 29, 2011

Weis Markets on Thursday announced an increase of its 2011 capital expenditure budget by 7% to $110 million. The current budget includes 14 major remodels, two additions and three new/replacement stores.

SUNBURY, Pa. — Weis Markets on Thursday announced an increase of its 2011 capital expenditure budget by 7% to $110 million. The current budget includes 14 major remodels, two additions and three new/replacement stores.

The company currently is building a replacement unit near Reading, a new unit near Easton and a replacement unit near State College, all in Pennsylvania.

April 28, 2011

Wholesaler Costco on Tuesday said its board of directors has approved a $4 billion share buyback program. The company also raised its quarterly dividend by 17% to 24 cents, up from 20.5 cents.

ISSAQUAH, Wash. — Wholesaler Costco on Tuesday said its board of directors has approved a $4 billion share buyback program. The company also raised its quarterly dividend by 17% to 24 cents, up from 20.5 cents.

The share buyback program expires in April 2015 and replaces a previous plan set to expire in July, which had $800 million remaining, the company said.

April 28, 2011

Procter & Gamble announced on Thursday that its beauty and grooming segments posted single-digit increases in net sales during the third quarter.

CINCINNATI — Procter & Gamble announced on Thursday that its beauty and grooming segments posted single-digit increases in net sales during the third quarter.

Beauty net sales rose 5% to $4.9 billion, on 5% volume growth. Organic volume, which excludes the net impact of Zest and minor fragrance divestitures, increased 6%, and organic sales grew 4%. The company noted that volume growth was driven by double-digit growth in developing regions, while volume in developed regions was flat.