Albertsons Companies Announces Common Stock Dividend

Rhea-AI Summary

Albertsons Companies (NYSE: ACI) announced a cash dividend of $0.12 per share for the second quarter of fiscal 2024.

This dividend will be paid on August 9, 2024, to shareholders who hold the stock as of the close of business on July 26, 2024. The announcement reflects the company's commitment to returning value to its shareholders.

Positive

• Albertsons Companies declared a cash dividend of $0.12 per share for Q2 2024.
• The dividend payment date is August 9, 2024, indicating timely returns to shareholders.

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• None.

BOISE, Idaho--(BUSINESS WIRE)-- Albertsons Companies, Inc. (NYSE: ACI) (the “Company”) today announced its Board of Directors has declared a cash dividend for the second quarter of fiscal 2024 of $0.12 per share of common stock. The cash dividend is payable on August 9, 2024, to stockholders of record as of the close of business on July 26, 2024.

About Albertsons Companies

Albertsons Companies is a leading food and drug retailer in the United States. As of February 24, 2024, the Company operated 2,269 retail stores with 1,725 pharmacies, 402 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities. The Company operates stores across 34 states and the District of Columbia under more than 20 well known banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets and Balducci's Food Lovers Market. The Company is committed to helping people across the country live better lives by making a meaningful difference, neighborhood by neighborhood. In 2023, along with the Albertsons Companies Foundation, the Company contributed more than $350 million in food and financial support, including more than $35 million through our Nourishing Neighbors Program to ensure those living in our communities and those impacted by disasters have enough to eat.

Important Notice Regarding Forward-Looking Statements

This press release contains certain forward-looking statements. Statements that are not historical facts, including statements regarding the Company’s expectations, perspectives and projected financial performance, are forward looking statements. The words “expect,” “believe,” “estimate,” “intend,” “plan” and similar expressions, when related to the Company and its subsidiaries, indicate forward-looking statements. The forward-looking statements are based on the Company’s current expectations and involve risks and uncertainties. The Company cautions that the risks and uncertainties could cause actual results to differ materially from those expressed or implied in the forward-looking statements. The Company also cautions that undue reliance should not be placed on any of the forward-looking statements, which speak only as of the date of this release. The Company undertakes no responsibility to update any of these forward-looking statements to reflect events or circumstances after the date of this report or to reflect actual outcomes. Certain potential factors that could affect our business and financial results and cause actual results to differ materially from those expressed or implied in any forward-looking statements are described in the “Risk Factors” section or other sections in our Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 22, 2024, and in reports subsequently filed with the SEC and available at the SEC’s website at www.sec.gov.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240711008211/en/

For Investor Relations, contact investor-relations@albertsons.com



For Media Relations, contact media@albertsons.com

Source: Albertsons Companies, Inc.

FAQ

What is the dividend amount announced by Albertsons Companies for Q2 2024?

Albertsons Companies announced a cash dividend of $0.12 per share for the second quarter of fiscal 2024.

When will Albertsons Companies pay the announced dividend for Q2 2024?

The announced dividend will be paid on August 9, 2024.

What is the record date for Albertsons Companies' Q2 2024 dividend?

The record date for the Q2 2024 dividend is July 26, 2024.

What is the stock symbol for Albertsons Companies?

The stock symbol for Albertsons Companies is ACI.