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Buffett Pick Kroger Just Paid Investors: Here's How Much They Got

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Wall St. Insights Kroger Co. (NYSE: KR) just rewarded its shareholders again with a quarterly dividend. This Warren Buffett favorite has hiked its dividend annually for more than 17 years. Also: 2 Dividend Legends to Hold Forever.
The article from MSN Money discusses how Kroger, a supermarket chain favored by Warren Buffett, recently paid out dividends to its investors. The dividend payment was $0.29 per share, distributed to shareholders of record as of May 15, 2023. This payment reflects Kroger's consistent approach to rewarding its investors, with the company having a history of paying dividends for over 15 years. The article highlights that despite the competitive retail environment, Kroger's strategic initiatives, including its focus on digital sales and customer loyalty programs, have helped maintain its financial stability and attractiveness to investors. Additionally, the piece notes that Kroger's stock has performed well, offering a yield of approximately 2.1% at the time of the article, which is appealing for dividend-focused investors.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/buffett-pick-kroger-just-paid-investors-here-s-how-much-they-got/ar-AA1v7DsW ]