US grocer Kroger Co. has declared its quarterly dividend.

The company said on Friday (29 June) that it would pay US$0.075 a share on 1 September to shareholders of record on 15 August.

Last week, Kroger posted net income of US$336.6m for its first quarter to 26 May, up from US$306.4m a year earlier. Turnover was up 6.7% to US$20.7bn.