Albertsons Raises Quarterly Dividend 13% to $0.17 Per Share
Albertsons Companies, Inc., one of the largest food and drug retailers in the United States, increased its quarterly cash dividend from $0.15 to $0.17 per share, marking a 13% increase. The dividend will be paid May 8 to shareholders of record as of April 24.
Albertsons Companies, Inc. (NYSE: ACI), one of the largest food and drug retailers in the United States operating stores under banners including Safeway, Vons, and Jewel-Osco, raised its quarterly cash dividend 13% to $0.17 per share from $0.15 per share. The company's Board of Directors approved the increase on April 14, 2026. Read more dividend announcements.
The enhanced dividend will be paid on May 8, 2026 to shareholders of record as of the close of business on April 24, 2026.
| Dividend Details | Information |
|---|---|
| Amount | $0.17 per share |
| Previous Amount | $0.15 per share |
| Increase | 13% |
| Record Date | April 24, 2026 |
| Payment Date | May 8, 2026 |
The dividend increase came as the company reported fiscal 2025 results. Adjusted EBITDA reached $903.4 million in the fourth quarter of fiscal 2025, up from $855.1 million in the year-earlier period. The quarter included an estimated incremental $68 million related to an extra week in the reporting period.
During the fourth quarter, the company paid its previous quarterly dividend of $0.15 per share on February 6, 2026 to stockholders of record as of January 23, 2026.
Capital Allocation Activity
Albertsons announced that its Board of Directors authorized an increase to the remaining share repurchase authorization of $900 million, bringing total remaining authorization to $2.0 billion. The repurchase program may include open market purchases, accelerated share repurchase programs, tender offers, block trades, or privately negotiated transactions.
During fiscal 2025, the company invested $1.49 billion to repurchase 78.7 million shares of common stock. The company completed a $750 million accelerated share purchase agreement on January 8, 2026, receiving a final delivery of 7.3 million shares for a total of 42.7 million shares under that agreement.
Capital expenditures for fiscal 2025 totaled $1.84 billion, which included completion of 94 store remodels, opening of nine new stores, and continued investment in digital and technology platforms.
On February 2, 2026, the company completed the issuance of $1.20 billion aggregate principal amount of 5.625% senior notes as part of its debt refinancing activities.
Opioid Settlement
In the fourth quarter of fiscal 2025, Albertsons recorded a loss of $773.8 million ($599.8 million net of tax) related to an opioid settlement framework intended to resolve substantially all opioid-related claims asserted against the company by participating states, political subdivisions, and Native American tribes. The multi-year payment structure results in an estimated after-tax net present value of approximately $482 million.
Payments are expected to be made over nine years, with the first payment expected on April 30, 2026 into escrow pending final settlement. The charge does not affect Adjusted EBITDA and Adjusted net income as those measures exclude settlement charges.