Empire (TSE:EMP) Announces Dividend Increase – $0.17 Per Share

Empire (TSE:EMP – Get Rating) declared a quarterly dividend on Wednesday, June 22nd, Zacks reports. Investors of record on Friday, July 15th will be paid a dividend of 0.165 per share on Friday, July 29th. This represents a $0.66 annualized dividend and a dividend yield of ∞. The ex-dividend date is Thursday, July 14th. This is a positive change from Empire’s previous quarterly dividend of $0.15.

Empire has a one year low of C$23.00 and a one year high of C$25.49.

About Empire (Get Rating)

Empire Company Limited is engaged in the business of food retailing and related real estate. The Company’s segments include Food Retailing, and Investments and Other Operations. The Food Retailing segment consists of its subsidiary, Sobeys Inc, which owns, affiliates or franchises over 1,500 stores in approximately 10 provinces under retail banners that include Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, and Lawton’s Drug Stores, as well as more than 350 retail fuel locations.

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