Kroger’s Board of Directors Declares Quarterly Dividend | PR Newswire [Video]

, /PRNewswire/ — The Kroger Co.’s (NYSE: KR) Board of Directors today declared a quarterly dividend of 32 cents per share to be paid on March 1, 2025, to shareholders of record as of the close of business on February 14, 2025.

The company’s quarterly dividend has grown at a 13.5% compounded annual growth rate since it was reinstated in 2006. The company continues to expect, subject to board approval, an increasing dividend over time.

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 KrogerCo. (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 …