Kroger declares quarterly dividend of 9.5 cents

Kroger declares quarterly dividend of 9.5 cents

CINCINNATI — The Kroger Co., the country’s largest grocery retailer, on Thursday declared a quarterly dividend of 9.5 cents per share payable June 1 to shareholders of record as of May 14.

Shares of Kroger were down 40 cents to $21.75.

Kroger operates grocery stores in 31 states under brands including Kroger, Food 4 Less, Ralphs and Smith’s.

The Cincinnati-based company also operates convenience stores, supermarket fuel centers and food processing plants.