The board of directors at US-based retailer Supervalu have declared a regular quarterly dividend of US$0.1725 per share for stockholders.
The dividend, which is payable on 15 June, will make up approximately 211.6m of outstanding shares at the group.
Supervalu reported in January that the thirdquarter of 2008/09 saw a net loss of US$2.9bn, downconsiderably from record net earnings of US$141m in the same period of2007/08.
Retail food sales during the three-month period remained steady atUS$7.9bn, as new store growth was offset by store closures and negativeidentical store sales of 0.5 per cent.
No comments yet