ALBERTSON'S, INC. INCREASES QUARTERLY DIVIDEND FOR THE 26TH CONSECUTIVE YEAR.BOISE, Idaho--(BUSINESS WIRE)--March 3, 1997--Albertson's, Inc. (NYSE NYSE See: New York Stock Exchange :ABS) Board of Directors, at its quarterly meeting on March 3, 1997, voted to increase the Company's regular quarterly cash dividend from $.15 to $.16 per share, an increase of 6.7%, for an annual rate of $.64 per share. This is the 26th consecutive year the Company has raised its dividend to stockholders. The cash dividend will be payable on May 25, 1997, to stockholders of record on May 2, 1997. Albertson's, Inc. is one of the largest retail food-drug chains in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The Boise, Idaho “Boise” redirects here. For other uses, see Boise (disambiguation). Boise is the capital and most populous city of the U.S. state of Idaho. It is the county seat of Ada County and the principal city of the Boise metropolitan area. based company currently operates 826 retail stores in 20 Western, Midwestern and Southern states. CONTACT: Albertson's, Inc., Boise, Idaho Investor Relations Investor relations The process by which the corporation communicates with its investors. -- A. Craig Olson, 208/395-6284 Renee Bergquist, 208/395-6622 News Media -- 208/395-6392 |
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