Supervalu Declares 8.75 Cent Dividend
February 5, 2010 (FinancialWire) — Supervalu Inc.’s (NYSE: SVU) board of directors has declared a regular quarterly dividend of $0.0875 per share. The dividend is payable on March 15, 2010 to stockholders of record as of the close of business on March 1, 2010.
As of February 1, 2010 there were around 212.0 million SVU shares outstanding.
Minnesota-based Supervalu serves grocery customers across the United States through a network of around 4,290 stores composed of around 1,200 traditional and premium stores, including 850 in-store pharmacies; 1,180 hard discount Save-A-Lot stores, of which 860 are operated by licensee owners; and 1,910 independent stores serviced primarily by the company’s traditional food distribution business.
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