December 5, 2021

The World Stock Markets Tips & Targets, News, Views & Updates

The World Stock Markets Tips & Targets, News, Views & Updates

Albertsons raises quarterly dividend by 20% to 12 cents a share

Supermarket operator Albertsons Cos. Inc. ACI, +0.74% said Monday its board has approved a 20% increase in its quarterly dividend, raising it to 12 cents a share from 10 cents. The new dividend will be payable Nov. 12 to shareholders of record as of Oct. 29. Shares were up 3.6% premarket and have gained 62% in the year to date, while the S&P 500 SPX, +0.75% has gained 19%.

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