Kroger's Board of Directors Declares Quarterly Dividend
Kroger (NYSE: KR) has announced its Board of Directors has declared a quarterly dividend of 32 cents per share, payable on March 1, 2025, to shareholders of record as of February 14, 2025. The company's quarterly dividend has demonstrated strong growth, with a 13.5% compounded annual growth rate since its reinstatement in 2006.
The company outlined its capital allocation strategy, focusing on utilizing free cash flow to invest in business growth while maintaining its investment grade debt rating and returning capital to shareholders. Kroger expects to continue increasing its dividend over time, subject to board approval.
Kroger (NYSE: KR) ha annunciato che il suo Consiglio di Amministrazione ha dichiarato un dividendo trimestrale di 32 centesimi per azione, che sarà pagato il 1 marzo 2025, agli azionisti registrati al 14 febbraio 2025. Il dividendo trimestrale dell'azienda ha mostrato una forte crescita, con un tasso di crescita annuo composto del 13,5% dalla sua reintegrazione nel 2006.
L'azienda ha delineato la sua strategia di allocazione del capitale, concentrandosi sull'utilizzo del flusso di cassa libero per investire nella crescita del business, mantenendo nel contempo il suo rating di credito investimento e restituendo capitale agli azionisti. Kroger prevede di continuare ad aumentare il suo dividendo nel tempo, soggetto all'approvazione del consiglio.
Kroger (NYSE: KR) ha anunciado que su Junta Directiva ha declarado un dividendo trimestral de 32 centavos por acción, pagadero el 1 de marzo de 2025, a los accionistas registrados a partir del 14 de febrero de 2025. El dividendo trimestral de la empresa ha demostrado un fuerte crecimiento, con una tasa de crecimiento anual compuesta del 13,5% desde su restauración en 2006.
La empresa esbozó su estrategia de asignación de capital, enfocándose en utilizar el flujo de caja libre para invertir en el crecimiento del negocio, mientras mantiene su calificación de deuda en grado de inversión y devuelve capital a los accionistas. Kroger espera seguir aumentando su dividendo con el tiempo, sujeto a la aprobación de la junta.
Kroger (NYSE: KR)는 이사회의 결의에 따라 주당 32센트의 분기 배당금을 선언하였으며, 이는 2025년 3월 1일에 지급될 예정입니다. 배당금 수령 기준일은 2025년 2월 14일입니다. 회사의 분기 배당금은 2006년 부활 이후 연평균 13.5%의 복리 성장률을 기록하며 강력한 성장을 보여주고 있습니다.
회사는 자본 배분 전략을 설명하며, 투자 등장을 위한 자유 현금 흐름을 활용하면서 투자 등급의 부채 등급을 유지하고 주주에게 자본을 반환하는 데 주력하고 있습니다. Kroger는 이사회 승인에 따라 시간이 지남에 따라 배당금을 계속 증가시킬 것으로 예상하고 있습니다.
Kroger (NYSE: KR) a annoncé que son Conseil d'Administration a déclaré un dividende trimestriel de 32 cents par action, payable le 1er mars 2025, aux actionnaires enregistrés au 14 février 2025. Le dividende trimestriel de l'entreprise a montré une forte croissance, avec un taux de croissance annuel composé de 13,5% depuis sa réintroduction en 2006.
L'entreprise a esquissé sa stratégie d'allocation de capital, en se concentrant sur l'utilisation du flux de trésorerie libre pour investir dans la croissance de l'entreprise tout en maintenant sa notation de crédit investissement et en restituant du capital aux actionnaires. Kroger s'attend à continuer d'augmenter son dividende au fil du temps, sous réserve de l'approbation du conseil.
Kroger (NYSE: KR) hat bekannt gegeben, dass der Vorstand eine vierteljährliche Dividende von 32 Cent pro Aktie erklärt hat, die am 1. März 2025 an die Aktionäre ausgezahlt wird, die am 14. Februar 2025 im Aktienregister stehen. Die vierteljährliche Dividende des Unternehmens hat ein starkes Wachstum gezeigt, mit einer jährlichen Wachstumsrate von 13,5% seit ihrer Wiederherstellung im Jahr 2006.
Das Unternehmen skizzierte seine Kapitalallokationsstrategie, die sich darauf konzentriert, den freien Cashflow zu nutzen, um in das Unternehmenswachstum zu investieren, während es gleichzeitig seine Bonitätsbewertung aufrechterhält und Kapital an die Aktionäre zurückgibt. Kroger erwartet, dass die Dividende im Laufe der Zeit weiter steigen wird, vorbehaltlich der Genehmigung des Vorstands.
- Quarterly dividend of $0.32 per share declared
- Strong dividend growth rate of 13.5% CAGR since 2006
- Commitment to maintaining investment grade debt rating
- Expected continuation of dividend increases
- None.
Insights
Kroger's latest quarterly dividend announcement of
Their balanced capital allocation approach merits attention. By prioritizing business investment while maintaining an investment grade rating, Kroger creates a sustainable framework for long-term growth. The investment grade rating is particularly important as it ensures lower borrowing costs and financial flexibility, essential in the competitive retail sector with its thin margins and significant working capital needs.
The company's commitment to growing dividends while investing in business operations demonstrates confidence in their long-term cash generation ability. This dual-focus strategy - reinvesting for growth while rewarding shareholders - typically indicates strong underlying business fundamentals and effective management of working capital. For income-focused investors, Kroger's consistent dividend policy and growth trajectory provide an attractive proposition in the defensive consumer staples sector.
The company's quarterly dividend has grown at a
Kroger's capital allocation strategy is to use its free cash flow to invest in the business to drive long-term sustainable net earnings growth while also maintaining its current investment grade debt rating and returning capital to shareholders. The company actively balances the use of its free cash flow to achieve these goals.
About Kroger
At The Kroger Co. (NYSE: KR), we are dedicated to our Purpose: To Feed the Human Spirit™. We are, across our family of companies nearly 420,000 associates who serve over 11 million customers daily through a seamless digital shopping experience and retail food stores under a variety of banner names, serving America through food inspiration and uplift, and creating #ZeroHungerZeroWaste communities. To learn more about us, visit our newsroom and investor relations site.
This press release contains certain statements that constitute "forward-looking statements" about the future performance of the company. These statements are based on management's assumptions and beliefs in light of the information currently available to it. Such statements are indicated by words or phrases such as "continues," "expect," "goals," and "strategy." Various uncertainties and other factors could cause actual results to differ materially from those contained in the forward-looking statements. These include the specific risk factors identified in "Risk Factors" in our annual report on Form 10-K for our last fiscal year and any subsequent filings, as well as the following:
Kroger's ability to achieve sales, earnings, incremental FIFO operating profit, and adjusted free cash flow goals may be affected by: labor negotiations; potential work stoppages; changes in the unemployment rate; pressures in the labor market; changes in government-funded benefit programs; changes in the types and numbers of businesses that compete with Kroger; pricing and promotional activities of existing and new competitors, and the aggressiveness of that competition; Kroger's response to these actions; the state of the economy, including interest rates, the inflationary, disinflationary and/or deflationary trends and such trends in certain commodities, products and/or operating costs; the geopolitical environment including wars and conflicts; unstable political situations and social unrest; changes in tariffs; the effect that fuel costs have on consumer spending; volatility of fuel margins; manufacturing commodity costs; supply constraints; diesel fuel costs related to Kroger's logistics operations; trends in consumer spending; the extent to which Kroger's customers exercise caution in their purchasing in response to economic conditions; the uncertainty of economic growth or recession; stock repurchases; changes in the regulatory environment in which Kroger operates, along with changes in federal policy and at regulatory agencies; Kroger's ability to retain pharmacy sales from third party payors; consolidation in the healthcare industry, including pharmacy benefit managers; Kroger's ability to negotiate modifications to multi-employer pension plans; natural disasters or adverse weather conditions; the effect of public health crises or other significant catastrophic events; the potential costs and risks associated with potential cyber-attacks or data security breaches; the success of Kroger's future growth plans; the ability to execute our growth strategy and value creation model, including continued cost savings, growth of our alternative profit businesses, and our ability to better serve our customers and to generate customer loyalty and sustainable growth through our strategic pillars of fresh, our brands, personalization, and seamless the outcome of litigation matters, including those relating to the terminated transaction with Albertsons; and the risks relating to or arising from our opioid litigation settlements, including the risk of litigation relating to persons, entities, or jurisdictions that do not participate in those settlements . Our ability to achieve these goals may also be affected by our ability to manage the factors identified above. Our ability to execute our financial strategy may be affected by our ability to generate cash flow.
Kroger assumes no obligation to update the information contained herein unless required by applicable law. Please refer to Kroger's reports and filings with the Securities and Exchange Commission for a further discussion of these risks and uncertainties.
View original content to download multimedia:https://www.prnewswire.com/news-releases/krogers-board-of-directors-declares-quarterly-dividend-302365497.html
SOURCE The Kroger Co.
FAQ
When will Kroger (KR) pay its latest quarterly dividend?
What is the record date for Kroger's Q1 2025 dividend?
What is Kroger's (KR) dividend growth rate since 2006?
What is Kroger's current quarterly dividend amount?
How does Kroger (KR) prioritize its free cash flow allocation?
