By Michael Dabaie

 

Kroger Co. (KR) raised its annual dividend by 14% to 64 cents from 56 cents.

The retail company's next quarterly dividend of 16 cents will be paid on September 1.

Shares are nearly flat in midday trading, up 0.2% to $21.47.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

June 27, 2019 12:16 ET (16:16 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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