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Kroger declares quarterly dividend of 15 cents per share
CINCINNATI — Kroger's board of directors on Thursday declared a quarterly dividend of 15¢ per share to be paid on June 1 to shareholders of record as of the close of business on May 15.
In 2012, the company's board of directors raised the quarterly dividend by approximately 30%, to 15¢ per share. Since reinstating dividends in 2006, Kroger has increased the dividend each year and expects to continue to do so, the company noted.
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Kroger annual sales up 7.1%
CINCINNATI — Kroger on Thursday reported total sales of $96.8 billion, up 7.1% as compared with the prior fiscal year. After adjusting for the extra week in fiscal 2012, total sales increased to $94.8 billion or 4.9% compared with the prior fiscal year. Excluding fuel, total sales increased 6% over the same period last year. Further adjusting for the extra week, total sales excluding fuel increased 4%.