2023, Nasdaq, Inc. All Rights Reserved. If you sell your shares of Safeway common stock prior to or on the Distribution Date, you also may be selling your right to receive the special stock dividend of shares of Blackhawk stock. It has lost almost 14% in 2021. Blackhawk's Class A common stock presently trades on the Nasdaq Global Select Market under the symbol "HAWK." PLEASANTON, CA--(Marketwired - Sep 17, 2013) - Safeway Inc. (NYSE: SWY) today announced that it has adopted a one-year stockholder rights plan. The Dividend History page provides a single page to review all of the aggregated Dividend payment information. Stockholders are not required to take any action to receive the rights distribution. View which stocks are hot on social media with MarketBeat's trending stocks report. Safeway's mailing address is 5918 STONERIDGE MALL RD, PLEASANTON, CA 94588, United States. Want Monthly Income? Sign in to your free account to enjoy all that MarketBeat has to offer. By creating a free account, you agree to our, Home Depot Stock Earnings Slide, Long Term Value Still There, AbbVie Stock Still a Solid Buy Despite Challenges, President, Chief Executive Officer, Director, Chief Financial Officer, Executive Vice President, Executive Vice President, General Counsel, Secretary, Executive Vice President, Chief Operating Officer - North Region, [BREAKING] New "Living Missile" to Replace Nuclear Missiles, The Best Strategy For Your Small Trading Account, Free Stock Analysis Report: See the Right Way to Analyze Stocks. The ex-dividend date for Safeway (NYSE:SWY) is tomorrow, December 20, 2011. Headquartered in Pleasanton, Calif., the company operates more than 1,400 stores that are mainly situated in the western, midwestern, and mid-Atlantic regions of the U.S. Safeway also owns a 49% stake in Casa Ley, which currently operates more than 190 food and variety stores in Mexico. Safeway (SWY) announced that its board declared a special stock dividend to its stockholders of all of the 37.84M shares of Class B common stock of Blackhawk Network Holdings (HAWK) owned. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Do Not Sell My Personal Information (CA Residents Only). Real-time analyst ratings, insider transactions, earnings data, and more. Preferred shares Dividend Growers Best Dividend Growth Stocks Model Portfolio targeting market-beating returns from consistent dividend growers. . The average stock in the S&P 500 Index yields just over 2%, so Safeway already offers an above-average yield that could continue to outpace other stocks. Safeway raised about $230 million in the IPO and it will continue to be the majority owner of Blackhawk. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. Safeway plans to send an information statement regarding this transaction to its stockholders of record on the Record Date on or about April 8, 2014. Stock dividends are a percentage increase in the number of shares owned. Please refer to our reports and filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K for the fiscal year ended December 29, 2012, as amended, subsequent Quarterly Report on Form 10-Q, and Current Reports on Form 8-K, for a further discussion of these risks and uncertainties. Round three: Power (dividend yield) Some dividends are enticing, but others are merely tokens that barely affect an investor's decision. No dividend is completely perfect, but some are bound to produce better results than others. Co. also has a 49.0% ownership interest in Casa Ley, S.A. de C.V., which operates food and general merchandise stores in Western Mexico. Safeway Inc. operates as a food and drug retailer in the United States. Grocery store profit margins are notoriously slim, so choosing a winning stock in this space is not exactly easy. The Motley Fool has a disclosure policy. Blackhawk, a majority-owned subsidiary of Safeway, is a prepaid payment network utilizing proprietary technology to offer gift cards, other prepaid products and payment services. For more information, please visit www.Safeway.com. Accordingly, it is anticipated that Safeway stockholders will receive approximately 0.16 of a share of Blackhawk Class B common stock for every share of Safeway common stock held as of the Record Date, less any shares of Blackhawk Class B common stock withheld in respect of applicable withholding taxes. If youre new to trading, then youve probably heard the wrong thing about optionsthat theyre risky, unpredictable, or difficult. The Company cautions that actual results could differ materially from the expectations described in the forward-looking statements. Ticker Company Name Ex-Div Date Pay Date Dividend Payout Stock Price Dividend Yield SWY Safeway 16-Sep 9-Oct 0.23 34.58 2.66%. GAIL 103.45 5.4. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. It happens in good markets and bad, and the benefit of dividends can be quite striking -- dividend payments have made up about 40% of the market's average annual return from 1936 to the present day. After the shares it sold in the IPO, the ownership stake in Blackhawk dropped only slightly from 95.4 percent to 93.8 percent. I have no business relationship with any company whose stock is mentioned in this article. For example, a 1000 share position pre-split, became a 2000 share position following the split. The Company operates stores across 34 states and the District of Columbia with 24 banners including Albertsons, Safeway, Vons, Jewel-Osco, Shaw's, Acme, Tom Thumb, Randalls, United Supermarkets, Pavilions, Star Market, Haggen, Carrs, Kings Food Markets and Balducci's Food Lovers Market. These 11 stocks will be Dividend Kings in 5 years or less. This cash dividend will be payable on November 7, 2022, to shareholders of record as of the close of business on October 24, 2022. Information Regarding the Spin-off Transaction. Safeway trades on the New York Stock Exchange (NYSE) under the ticker symbol "SWY.". "A dozen eggs that could have been picked up for $1.83 now average $2. Owners of shares as of market close today will be eligible for a dividend of 14 cents per share. These statements are based on management's assumptions and beliefs in light of the information currently available to it. In support of its U.S. retail operations, Co. has a network of distribution, manufacturing and food-processing facilities. . These symbols will be available throughout the site during your session. Stock dividends are primarily issued in lieu of cash dividends when the company is low on liquid cash on hand. Visit ourDividend Calendar: Our partner, Quotemedia, provides the upcoming ex-dividend dates for the next month (Other OTC & OTCBB stocks are not included in coverage for Dividend History). Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. On April 13, 2021, the Company announced the next quarterly dividend of $0.10 per share payable on May 10, 2021 to stockholders of record as of April 26, 2021. That's right -- they think these 10 stocks are even better buys. Get daily stock ideas from top-performing Wall Street analysts. Co. owns and operates GroceryWorks.com Operating Company, LLC, an online grocery channel doing business under the names Safeway.com and Vons.com. American Consumer News, LLC dba MarketBeat 2010-2023. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community. For additional information, registered stockholders in the United States and Canada should contact Blackhawk's transfer agent, Wells Fargo Shareowner Services, a division of Wells Fargo Bank, N.A., at 1-800-242-0813. To make the world smarter, happier, and richer. The Company has recently undertaken a number of strategic initiatives including the IPO of Blackhawk Network and the pending sale of its Canadian assets. Safeway Inc., is an food and drug retail company. Albertsons said in a statement its "comprehensive capital allocation strategy leverages the Company's strong and consistent levels of free cash flow to drive profitable growth, maintain a strong balance sheet and create value for shareholders, including through the payment of dividends.". 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Albertsons (NYSE: ACI) went public in late June, and as it prepares to release its second-quarter earnings report next week, the second largest pure-play supermarket chain announced it would begin paying shareholders a dividend. in the S&P, Best Dividend Paying Stocks Analysts Click Here for Your Free Ultimate Dividend Package. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. The information statement will include details on the distribution, including, among other things, additional information about the ratio used to compute the number of Blackhawk shares distributed for each Safeway share, how fractional shares will be treated, and the spin-off's expected tax consequences for Safeway stockholders. U.S. lawmakers set hearing on Kroger grocery mega merger - CNBC, UPDATE 2-U.S. lawmakers set hearing on Kroger grocery mega merger - Yahoo Finance, Probing the mystery of the missing D.C. shopping carts - The Washington Post, The Kroger-Albertsons grocery merger draws union opposition, Colorado AG scrutiny - Denver Business Journal - The Business Journals, Falafel sold at Aldi recalled after E.coli outbreak in 6 states, 5 people hospitalized - USA TODAY, Cheeses sold at Whole Foods recalled after listeria outbreak - USA TODAY, Colorado authorities find pipe bomb behind Safeway, disable it - Fox News, Jose Flores Velasquez wins $1M lottery after thinking he won $600 - New York Post, Police: Safeway worker confronted gunman in store - USA TODAY, Shooting at an Oregon shopping center leaves at least two people dead, police say - CNN International, At least 3 dead in shooting at Safeway in Oregon, police say - ABC News, San Jose: Arrests made in shooting of Safeway worker at Willow Glen store - msnNOW, Pittsburgh-based Fifth Season begins selling its products at Whole Foods - The Business Journals, Why popular foods everywhere are missing from shelves - The Washington Post, My husband had a Disney-free childhood. This press release does not constitute a solicitation of any vote or approval in respect of the proposed Merger transaction involving Safeway and Albertsons. In 2021, along with the Albertsons Companies Foundation, the Company contributed nearly $200 million in food and financial support, including approximately $40 million through our Nourishing Neighbors Program to ensure those living in our communities have enough to eat. Albertsons Companies is a leading food and drug retailer in the United States. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Under the plan, one preferred stock purchase right will be distributed for each share of common stock held by stockholders of record on September 30, 2013. At that time, the dividend was 5 cents per quarter, but due to regular increases, it has surged over 300% in about 8 years to 17.5 cents per share. IPO Insider. Albertsons Companies, Inc. Class A Common Stock, Do Not Sell My Personal Information (CA Residents Only). Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Based on the $0.40 per share in dividends expected and its trailing earnings of $2.50 per share, Albertsons payout ratio is 16%, which offers the potential for increases in the future. Proceeds from any future sale of shares could also be used to raise the dividend or pay down debt. The date of distribution by Safeway of the special stock dividend is contemplated to be April 14. Safeway Historical Price Data (SWY) - Investing.com Stock Screener United States Pre-Market World ADRs Marijuana Stocks Americas Europe Middle East Fed Rate Monitor Tool Safeway Inc (SWY). With a little searching, I could even find a stock with a good chart AND a big dividend. This was a 2 for 1 split, meaning for each share of SWY owned pre-split, the shareholder now owned 2 shares. Benchmarks . Dividend payout record can be used to gauge the company's long-term performance when analyzing. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. It also is expected that a when-issued market for the shares of Blackhawk Class B common stock to be distributed in the spin-off will develop on or about two business days prior to the Record Date on the Nasdaq Global Select Market under the symbol "HAWKV." The stock has lost almost one-third of its market cap over the last five years. 15 quality dividend stocks that you can buy on sale right now Last Updated: July 30, 2022 at 9:44 a.m. View which stocks are hot on social media with MarketBeat's trending stocks report. The Motley Fool has a disclosure policy. Based on aggregate information from My MarketBeat watchlists, some companies that other Safeway investors own include General Electric (GE), Alphabet (GOOG), McDonald's (MCD), Oracle (ORCL), Abbott Laboratories (ABT), Bank of America (BAC), BlackBerry (BB), Cisco Systems (CSCO), EMC (EMC) and Home Depot (HD). Please disable your ad-blocker and refresh. But few of us can invest in every single dividend-paying stock on the market, and even if we could, we're likely to find better gains by being selective. contact@marketbeat.com The date of distribution by Safeway of the special stock dividend (the "Distribution Date") is contemplated to be April 14, 2014. Further details about the rights plan will be contained in a Form 8-K to be filed by the Company with the U.S. Securities and Exchange Commission. On the other hand, Safeway has paid quarterly dividends since 2005. David and Tom just revealed what they believe are the ten best stocks for investors to buy right now and Albertsons Companies, Inc. wasn't one of them! Safeway shareholders will receive $34.92 per share in cash, consisting of (i) $32.50 in initial cash consideration, (ii) $2.412 in consideration relating to the previously announced sale of the . If . Quotes. Type a symbol or company name. Real-time analyst ratings, insider transactions, earnings data, and more. Dividend stocks outperform non-dividend-paying stocks over the long run. Solution: $2,000,000 $500,000 = $1500,000 (Tot. The cash dividend is payable on May 10, 2022 to stockholders of record as of the close of business on April 26, 2022. This information will also be posted under the Investor Relations tab on Safeway's website at www.safeway.com/investor_relations and on Blackhawk's website at www.blackhawknetwork.com. Share this post with a friend or tweet. Dividend history information is presently unavailable for this company. Our daily ratings and market update email newsletter. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Today, two of America's leading grocers will square off in a head-to-head battle to determine which offers a better dividend for your portfolio. Yields Got More Juicy, 10 Must-Know Source: Morningstar and YCharts. CALGARY, AB, Feb. 27, 2023 /CNW/ - Freshbay Inc. announces that it has appointed three new directors with extensive agriculture experience to the board of the . In 2015, the company bought Safeway for $8 Billion and merged it with Albertsons. Not an offer or recommendation by Stocktwits. Under certain circumstances, each right will entitle stockholders to buy one one-thousandth of a share of newly-created Series A Junior Participating Preferred Stock of the Company at an exercise price of $100. Jack in the Box Pops On Tasty Results, Robust Outlook, Wendys Price Firms After Sizzling Quarter And Juicy Outlook, Terran Orbitals New $2.4 Billion Contract is a Game Changer, From Betty Crocker to Blue Buffalo, General Mills Looks Strong, Cracker Barrel Stock: Range Bound, but High Yield For 2023, This Small Company Is Set To Drive Future Of Lithium Batteries, What Are Blue Chip Stocks? That's close, but Costco takes the endurance crown. The ex-dividend date for Safeway (NYSE:SWY) is tomorrow, March 21, 2013. Please note that the dividend history might include thecompanys preferred securities as well. At a price of $22.83 as of . With the Hughes Optioneering Strategy, youll soon learn that the safest option for new accounts is options themselves! 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