Kroger's Board of Directors approved a dividend increase from $0.84 to $1.04 per year. The next quarterly dividend of 26 cents per share will be paid on September 1, 2022, to shareholders of record as of close of business on August 15, 2022. Kroger's quarterly dividend has grown at a 14% compounded annual growth rate since it was reinstated in 2006. This marks the 16th consecutive year of dividend increases. The company continues to expect, subject to board approval, an increasing dividend over time.
The Board of Directors of S&P Global has approved a cash dividend on the Corporation's common stock for the third quarter of 2022. The dividend of $0.85 is payable on September 12, 2022, to shareholders of record on August 26, 2022. The annualized dividend rate is $3.32 per share. The Company has paid a dividend each year since 1937 and is one of fewer than 25 companies in the S&P 500— that has increased its dividend annually for at least the last 49 years.
The Lockheed Martin board of directors has authorized a third quarter 2022 dividend of $2.80 per share. The dividend is payable on Sept. 23, 2022, to holders of record as of the close of business on Sept. 1, 2022.
Pfizer today announced that its board of directors declared a $0.40 third-quarter 2022 dividend on the company's common stock, payable September 6, 2022, to holders of the Common Stock of record at the close of business on July 29, 2022. The third-quarter 2022 cash dividend will be the 335th consecutive quarterly dividend paid by Pfizer.
The Board of Directors of Matson, a leading U.S. carrier in the Pacific, today declared a third quarter dividend of $0.31 per common share. The dividend represents a one-cent, or 3.3%, increase over the previous quarter's dividend and will be paid on September 1, 2022 to all shareholders of record as of the close of business on August 4, 2022.
For MarketNewsVideo.com, I'm Sayoko Murase.
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