Albertsons Sets Its First Dividend as a Public Company

Albertsons (NYSE: ACI) went public in late June, and as it prepares to release its second-quarter earnings report next week, the second largest pure-play supermarket chain announced it would begin paying shareholders a dividend.

The grocery store set the quarterly payout at $0.10 per share payable on Nov. 10 to shareholders of record on Oct. 26, suggesting a yield of 2.8% annually.

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Source Fool.com