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Safeway Boosts Quarterly Dividend 14%

Safeway Inc. (SWY) said Tuesday that its Board of Directors today approved an increase to its regular quarterly cash dividend from $0.175 per share to $0.20 per share, reflecting a 14% increase.

The company also declared a cash dividend of $0.20 per share, payable on July 11 to shareholders of record on June 20.

by RTTNews Staff Writer

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