2 Grocery Store Dividends to Buy and 1 to Avoid
Grocers often have relatively stable cash flow and many even pay out a quarterly dividend to shareholders. On the flip side, grocery stores also operate on razor-thin margins and have to be very careful when passing along price increases to their customers, as loyalty in this sector comes with a high price tag. After perusing the sector, two grocers stood out from the pack as safe choices to grow their dividends over time, while another grocer which appears safe on paper could have a hole at the bottom of its bag.
Kroger (NYSE: KR) -- trust it Kroger, the parent company behind such chains as Fred Meyer, QFC, Ralphs, and Food 4 Less, is staring rising food costs directly in the eye and coming out victorious.... Read more