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Kroger Raises Dividend – Is It a Buy?

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Tue, Jul 2, 2024 10:15 PM

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Kroger has announced this dividend hike. But is the stock a buy? Or would you be better off with thi

Kroger (NYSE: KR) has announced this dividend hike. But is the stock a buy? Or would you be better off with this other income play in 2024? Kroger (NYSE: KR) just raised… Its quarterly dividends by 10.30% to $0.32 per share. This puts its annual dividend yield at 2.31% – which is quite small considering you could earn 45% with [this income strategy.]( [Go here now for urgent instructions.]( Kroger has a long history of paying stable dividends. They increased from $0.30 in 2014 to $1.16 recently, growing at a 14% annual rate. And its recent dividend hike marks the 18th consecutive year of increases for the company. But why settle for a 2.31% dividend when you could earn 28%... 41%... and even 45% [this other way?]( This is a little-known income strategy we’ve been using for the past 7 years. One that gives you the chance to collect 1-day payouts of up to $4,501. It’s a safe way to build a buffer against inflation… And ensure that rising costs don’t erode your purchasing power. [Go here now for all the details]( (it’s 100% FREE). Ian Wyatt [Take a 7 day break from these emails]( © Wyatt Investment Research. All rights reserved. Wyatt Investment Research is not a broker dealer of financial advisor. This content is for informational purposes. Nothing in this email should be considered investment advice. Every investment has risk and you could lose your investment. You can review terms of use and disclosures by [clicking here.]( You are subscribed with the following email address: {EMAIL} [Unsubscribe from these types of emails]( [Manage your email preferences]( We love hearing from subscribers. Please reply to this email with any feedback or suggestions. Contact abuse@wyattresearchnewsletters.com to report any issues or concerns. For questions regarding your account please call [866-447-8625](tel:+1(866)447-8625). Wyatt Investment Research LLC 65 Railroad Street, PO Box 790 Richmond, Vermont USA 05477 ---------------------------------------------------------------

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