SUPERVALU (SVU) Declares $0.35 Annual Dividend; $0.0875 Quarterly Dividend, 2.9% Yield

SUPERVALU INC. (NYSE: SVU) today announced that its Board of Directors approved an annual indicated dividend of $0.35 per share, unchanged from the previous annualized rate. The Board of Directors also declared a regular quarterly dividend of $0.0875 per share, or $0.35 annualized. The dividend is payable on September 15, 2010 to stockholders of record as of the close of business on September 1, 2010. The ex-dividend date is August 30, 2010. Yield on the quarterly dividend is 2.9%.... Read more

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