Costco's Growth Is Slowing. But few of us can invest in every single dividend-paying stock on the market, and even if we could, we're likely to find better gains by being selective. Safeway has increased the dividend annually since 2005. 2023, Nasdaq, Inc. All Rights Reserved. Kroger's dividend of $0.72 per share yields 2.1% while Walmart's payout of $2.16 per share yields 1.5%. Keep your eyes open -- you never know where you might find the next great dividend stock! 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. John Mackey, co-CEO of Whole Foods Market, is a member of The Motley Fool's board of directors. Volume Open Day's Low Day's High 52 Wk Low 52 Wk High Bid Ask EPS PE Ratio Shares Market Cap Dividend Ex-Div Date Yield. Home; My Watch. That's close, but Costco takes the endurance crown. An Overview of Blue Chips. The company can be reached via phone at +1-925-4673000. Safeway Inc. dividend history is presented both in graphical/chart form, and as a SWY dividend history data table along the right-hand column. melissa.plaisance@albertsons.com, Albertsons Companies Announces Common Stock Dividend, Do Not Sell or Share My Personal Information. Accordingly, actual results may differ materially and adversely from those expressed in any forward-looking statements. By creating a free account, you agree to our, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges. Stock dividends are primarily issued in lieu of cash dividends when the company is low on liquid cash on hand. Safeway raised about $230 million in the IPO and it will continue to be the majority owner of Blackhawk. If you have an ad-blocker enabled you may be blocked from proceeding. Based on the $0.40 per share in dividends expected and its trailing earnings of $2.50 per share, Albertsons payout ratio is 16%, which offers the potential for increases in the future. Start slideshow: Top 25 S.A.F.E. Further details about the rights plan will be contained in a Form 8-K to be filed by the Company with the U.S. Securities and Exchange Commission. 10. At that time, the dividend was 5 cents per quarter, but due to regular increases, it has surged over 300% in about 8 years to 17.5 cents per share. Get the latest Multi Interact Safeway Marketing Private Limited News, Multi Interact Safeway Marketing Private Limited Company Profile details and more. Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community. As of February 26, 2022, the Company operated 2,276 retail stores with 1,722 pharmacies, 402 associated fuel centers, 22 dedicated distribution centers and 20 manufacturing facilities. This press release contains certain forward-looking statements about the proposed spin-off of Blackhawk by Safeway, including about the effect thereof on the respective businesses and operations of the companies. Co. owns and operates GroceryWorks.com Operating Company, LLC, an online grocery channel doing business under the names Safeway.com and Vons.com. Safeway stockholders are urged to contact their tax advisors regarding this transaction and the related tax consequences, including potential withholding tax consequences. To see all exchange delays and terms of use please see Barchart's disclaimer. In addition, the "when issued" market of Safeway ("SWYWI") will no longer be available. You should always consult a financial advisor. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Blackhawk's Class B common stock has 10 votes per share, and Blackhawk's Class A common stock has one vote per share. The stock has lost almost one-third of its market cap over the last five years. Safeway's ownership position remains high in Blackhawk. The rights will expire on September 15, 2014, subject to the Company's right to extend such date, unless earlier redeemed or exchanged by the Company or terminated. At a price of $20.60 as . View Portfolio; Edit Portfolio . Costco has been aggressively expanding into international markets, especially Asian countries, which offer a massive untapped base of potential new members. Export data to Excel for your own analysis. Blackhawks product offerings include gift cards, prepaid telecom products and prepaid financial services products, including general purpose reloadable cards and Blackhawks reload network. These 11 stocks will be Dividend Kings in 5 years or less. The company operates 1,335 stores in 20 states and the District of Columbia, 13 distribution centers and 20 manufacturing plants, and employs approximately 138,000 employees. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. The ex-dividend date for Safeway (NYSE:SWY) is tomorrow, March 27, 2012. Safeway Inc. The company's name was taken from Shakespeare, whose wise fools both instructed and amused, and could speak the truth to the king -- without getting their heads lopped off. Providing a blend of income and growth, our Top 20 Dividend Stocks portfolio targets a dividend yield between 2.5% and 3.5% and above-average dividend growth. Please disable your ad-blocker and refresh. American Consumer News, LLC dba MarketBeat 2010-2023. Important Notice Regarding Forward-Looking Statements. An Overview of Blue Chips. Hawkinvest is not a registered investment advisor and does not provide specific investment advice. The Company undertakes no responsibility to update any of these forward-looking statements to reflect events or circumstances after the date of this report or to reflect actual outcomes. Forward-looking statements are based on our current plans and expectations and involve risks and uncertainties which are, in many instances, beyond our control, and which could cause actual results to differ materially from those included in or contemplated or implied by the forward-looking statements. Round two: Stability (dividend-raising streak) According to Dividata, Costco has been increasing dividend payouts at least once every year since 2005, while Safeway began increasing shareholder distributions in 2006. Nasdaq Dividend History provides straightforward stock's historical dividends data. Information Regarding the Spin-off Transaction. Let's take a closer look at the dividend and the gift card business at Safeway: Safeway already offers a solid dividend yield of nearly 3%, but that is only part of the story as dividend growth potential is another positive factor. Additional Information About the Acquisition and Where to Find it. Blackhawk, a majority-owned subsidiary of Safeway, is a prepaid payment network utilizing proprietary technology to offer gift cards, other prepaid products and payment services. In-depth profiles and analysis for 20,000 public companies. Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. When autocomplete results are available use up and down arrows to review and enter to select. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Certain potential factors that could affect our business and financial results and cause actual results to differ materially from those expressed or implied in any forward-looking statements are described in the Risk Factors section or other sections in our Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the SEC) on April 28, 2021, and in reports subsequently filed with the SEC and available at the SECs website at www.sec.gov. Data Link's cloud-based technology platform allows you to search, discover and access data and analytics for seamless integration via cloud APIs. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Dividend stocks distribute a portion of the company's earnings to investors on a regular basis. Share this post with a friend or tweet. Stock Market Watch. Nifty 17,465.80-45.45. The New York Stock Exchange is expected to authorize a when-issued market for Safeway common stock on or about two business days prior to the Record Date. Rich Duprey for The Company's Board of Directors will be entitled to redeem the rights at $0.01 per right at any time before a person or group has acquired 10% or more (15% or more in the case of a passive institutional investor) of the outstanding common stock. Which Dollar Store, If Any, is Worth Your Investment Dollars? Blackhawks payment network supports its three primary constituents: consumers who purchase the products and services Blackhawk offers, content providers who offer branded products that are redeemable for goods and services, and distribution partners who sell the products. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. This information statement will be posted under the Investor Relations tab on Safeway's website at www.safeway.com/investor_relations and on Blackhawk's website at www.blackhawknetwork.com. Albertsons Companies is a leading food and drug retailer in the United States. The final distribution ratio for the stock dividend will be calculated by dividing the number of shares of Blackhawk Class B common stock to be distributed by the number of shares of Safeway common stock outstanding on the Record Date. Grocery store profit margins are notoriously slim, so choosing a winning stock in this space is not exactly easy. Headquartered in Seattle, the company now operates more than 640 membership-only warehouse stores, mainly under the Costco Wholesale banner, and serves roughly 71 million members in more than 10 countries, including Australia, Canada, Mexico, Taiwan, and the U.K. Costco has a diversified product portfolio of more than 4,000 discounted offerings, ranging from fresh food and pharmaceuticals to liquors, appliances, and tires. Safeway Declares Dividend Distribution of Preferred Stock Purchase Rights September 17, 2013, 9:00 AM PLEASANTON, CA-- (Marketwired - Sep 17, 2013) - Safeway Inc. ( NYSE: SWY) today announced. Please log in to your account or sign up in order to add this asset to your watchlist. The average stock in the S&P 500 Index yields. Please log in to your account or sign up in order to add this asset to your watchlist. By creating a free account, you agree to our, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges, President, Chief Executive Officer, Director, Chief Financial Officer, Executive Vice President, Executive Vice President, General Counsel, Secretary, Executive Vice President, Chief Operating Officer - North Region, [BREAKING] New "Living Missile" to Replace Nuclear Missiles, The Best Strategy For Your Small Trading Account, Free Stock Analysis Report: See the Right Way to Analyze Stocks. The Motley Fool has a disclosure policy. contact@marketbeat.com Neither Safeway nor any other person can assume responsibility for the accuracy and completeness of forward-looking statements. 326 E 8th St #105, Sioux Falls, SD 57103 SWY Stock Dividend History The SWY dividend history graphic shown above is presented after taking into consideration any known stock split occurrences, in order to present the most directly comparable SWY historical dividend comparison possible. The Board of Directors believes that the rights plan will help promote the fair and equal treatment of all stockholders of the Company and ensure that the Board remains in the best position to discharge its fiduciary duties to the Company and its stockholders. Safeway's mailing address is 5918 STONERIDGE MALL RD, PLEASANTON, CA 94588, United States. (844) 978-6257. Safeway is a food and drug retailer in the U.S., with 1,335 stores at Dec 28 2013. Albertsons said in a statement its "comprehensive capital allocation strategy leverages the Company's strong and consistent levels of free cash flow to drive profitable growth, maintain a strong balance sheet and create value for shareholders, including through the payment of dividends.". UPDATE 1-American Eagle Outfitters beats revenue estimates on steady demand, Chile's Arauco warns of $50 million hit from wildfires, UPDATE 2-Elon Musk kicks off Investor Day, focusing on path to sustainable energy future, UPDATE 1-U.S. NTSB cites speeding in fatal Tesla 2021 Florida crash. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Below Book Value, 10 Canadian Stocks BOISE, Idaho--(BUSINESS WIRE)-- Safeway stockholders of record on the Record Date will receive account statements reflecting their ownership interest in shares of Blackhawk Class B common stock. Visit ourDividend Calendar: Our partner, Quotemedia, provides the upcoming ex-dividend dates for the next month (Other OTC & OTCBB stocks are not included in coverage for Dividend History). Ticker Company Name Ex-Div Date Pay Date Dividend Payout Stock Price Dividend Yield SWY Safeway 16-Sep 9-Oct 0.23 34.58 2.66%. Shares of Safeway common stock that trade on the when-issued market under the symbol "SWYWI" will trade without the right to receive shares of Blackhawk stock in connection with the distribution. Chalk up another narrow victory for Costco here. Safeway stockholders who hold their shares through brokers or other nominees will have their shares of Blackhawk stock credited to their accounts by their nominees or brokers. Jack in the Box Pops On Tasty Results, Robust Outlook, Wendys Price Firms After Sizzling Quarter And Juicy Outlook, Terran Orbitals New $2.4 Billion Contract is a Game Changer, From Betty Crocker to Blue Buffalo, General Mills Looks Strong, Cracker Barrel Stock: Range Bound, but High Yield For 2023, This Small Company Is Set To Drive Future Of Lithium Batteries, What Are Blue Chip Stocks? Round four: Strength (recent dividend growth) A stock's yield can stay high without much effort if its share price doesn't budge, so let's take a look at the growth in payouts over the past five years. In anticipation of the completion of the Merger, Safeway intends to treat the special stock dividend as a taxable distribution to Safeway stockholders for U.S. federal income tax purposes, including for purposes of the U.S. federal tax withholding rules. (ranked higher than approx. Nasdaq Dividend History provides straightforward stocks historical dividends data. Safeway (SWY, $16.53) is a North American food and drug retailer, operating about 1700 stores. In 2021, along with the Albertsons Companies Foundation, the Company contributed nearly $200 million in food and financial support, including approximately $40 million through our Nourishing Neighbors Program to ensure those living in our communities have enough to eat. Type a symbol or company name. Assuming that the acquisition of Safeway by AB Acquisition LLC is completed as contemplated by the Agreement and Plan of Merger entered into by Safeway and AB Acquisition LLC on March 6, 2014, it is expected that the stock dividend will constitute a taxable distribution to Safeway and Safeway's stockholders for U.S. federal income tax purposes. That might not be a lot of growth in terms of earnings, but this company has been and could be more of a dividend growth play than many investors realize. A stock dividend, a method used by companies to distribute wealth to shareholders, is a dividend payment made in the form of shares rather than cash. Safeway (SWY) announced that its board declared a special stock dividend to its stockholders of all of the 37.84M shares of Class B common stock of Blackhawk Network Holdings (HAWK) owned by Safeway, representing approximately 94.2% of the total outstanding shares of Blackhawk's Class B common stock and approximately 72% of the total number of shares of Blackhawk common stock of all classes outstanding. 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. Source: Morningstar and YCharts. UPDATE 1-American Eagle Outfitters beats revenue estimates on steady demand, Chile's Arauco warns of $50 million hit from wildfires, UPDATE 2-Elon Musk kicks off Investor Day, focusing on path to sustainable energy future, UPDATE 1-U.S. NTSB cites speeding in fatal Tesla 2021 Florida crash. Here are the five best high dividend-paying stocks that you can buy in October 2021. PLEASANTON, CA--(Marketwired - Sep 17, 2013) - Safeway Inc. (NYSE: SWY) today announced that it has adopted a one-year stockholder rights plan. Our daily ratings and market update email newsletter. that a dividend is pending. The date of distribution by Safeway of the special stock dividend is contemplated to be April 14. Tale of the tape Founded in 1983, Costco Wholesale (COST -1.14%) is the biggest wholesale-club operator in the United States and is the seventh-largest retailer in the world. Analysts expect the company to earn $2.32 per share in 2013, and $2.42 per share for 2014. 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