Kroger hikes dividend by 9.4%

Kroger (KR) will hike its quarterly dividend by 9.4% to 35 cents quarterly per share in 2025. This marks the 19th consecutive year of increases.

For Dividend Hero Kroger this also is the first time since 2017 that the dividend does not go up by double digits. At a stock price of 71.42 the dividend yield for KR is 2%.

The Kroger Co. operates supermarkets and multi-department stores throughout the United States. Kroger operates supermarkets under a variety of local banner names, including pharmacies, fuel centers and jewelry stores. The company's brands include Baker's, City Market, Dillons, Food 4 Less, Foods Co, Fred Meyer, Fry's, Gerbes, Harris Teeter, King Soopers, Jay C Food Store, Kroger, Owens Market, Pay-Less Super Markets, QFC, Ralphs and Smith's Food and Drug. The Kroger Co. was founded in 1883 and incorporated in 1902.