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The Kroger Co (The Kroger Co) 3-Year Dividend Growth Rate : 17.40% (As of Jan. 2024)


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What is The Kroger Co 3-Year Dividend Growth Rate?

The Kroger Co's Dividends per Share for the three months ended in Jan. 2024 was $0.29.

The historical rank and industry rank for The Kroger Co's 3-Year Dividend Growth Rate or its related term are showing as below:

KR' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 7.5   Med: 13.5   Max: 23.1
Current: 17.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Kroger Co was 23.10% per year. The lowest was 7.50% per year. And the median was 13.50% per year.

KR's 3-Year Dividend Growth Rate is ranked better than
74.63% of 134 companies
in the Retail - Defensive industry
Industry Median: 7.5 vs KR: 17.40

During the past 12 months, The Kroger Co's average Dividends Per Share Growth Rate was 17.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 17.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

The Kroger Co's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.22. As of today, The Kroger Co's Dividend Yield % is 2.04%.

Warning Sign:

The Kroger Co stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of The Kroger Co's 3-Year Dividend Growth Rate

For the Grocery Stores subindustry, The Kroger Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Kroger Co's 3-Year Dividend Growth Rate Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, The Kroger Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where The Kroger Co's 3-Year Dividend Growth Rate falls into.



The Kroger Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


The Kroger Co  (NYSE:KR) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

The Kroger Co's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=0.29/ 1.34
=0.22

During the past 13 years, the highest Dividend Payout Ratio of The Kroger Co was 0.27. The lowest was 0.19. And the median was 0.23.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

The Kroger Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2902024-02-142024-02-152024-03-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-11-142023-11-152023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2902023-08-142023-08-152023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.2602023-05-122023-05-152023-06-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

The Kroger Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.13/56.15
=2.01 %

Current Share Price is $56.15.
The Kroger Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.13.

During the past 13 years, the highest Dividend Yield of The Kroger Co was 2.54%. The lowest was 0.89%. And the median was 1.75%.

Warning Sign:

The Kroger Co stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Kroger Co 3-Year Dividend Growth Rate Related Terms>


The Kroger Co (The Kroger Co) Business Description

Address
1014 Vine Street, Cincinnati, OH, USA, 45202
Kroger is the leading U.S. grocer, with 2,719 supermarkets operating under several banners throughout the country at the end of fiscal 2022. Around 83% of stores have pharmacies, while nearly 60% also sell fuel. The company also operates roughly 120 fine jewelry stores. Kroger features a leading private-label offering and manufactures around 30% of its own-brand units (and more than 40% of its grocery own-label assortment) itself in 33 food production plants nationwide. Kroger is a top-two grocer in most of its major markets (as of early 2021, according to company data). Virtually all of Kroger's sales come from the United States. Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.
Executives
Carin L Fike officer: Vice President and Treasurer 1014 VINE STREET, CINCINNATI OH 45202
Timothy A Massa officer: Group Vice President 1014 VINE STREET, CINCINNATI OH 45202
Christine S Wheatley officer: Group Vice President 1014 VINE STREET, CINCINNATI OH 45202
Kenneth C Kimball officer: Senior Vice President C/O THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202
Stuart Aitken officer: Group Vice President C/O JOURNAL MEDIA GROUP, INC., 333 WEST STATE STREET, MILWAUKEE WI 53203
Yael Cosset officer: Group Vice President 1014 VINE STREET, CINCINNATI OH 45202
Gary Millerchip officer: Senior Vice President and CFO 1014 VINE STREET, CINCINNATI OH 45202
Todd A Foley officer: Vice President and Treasurer 1014 VINE STREET, CINCINNATI OH 45202
Valerie L. Jabbar officer: Senior Vice President THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202
Mary Ellen Adcock officer: Group Vice President 1014 VINE STREET, CINCINNATI OH 45202
Calvin J Kaufman officer: Group Vice President THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202
Mark C Tuffin officer: Senior Vice President THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202
Elaine L. Chao director C/O DOLE FOOD COMPANY, INC., ONE DOLE DRIVE, WESTLAKE VILLAGE CA 91362
Michael Joseph Donnelly officer: Senior Vice President
Susan J Kropf director C/O AVON PRODUCTS INC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105-0196

The Kroger Co (The Kroger Co) Headlines

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