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Martin Luther King, Jr. Day

BY DSN STAFF

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Kroger issues quarterly dividend, up 12%

BY Michael Johnsen

CINCINNATI —  Kroger's board of directors on Friday declared a quarterly dividend of $0.185 per share to be paid on March 1 to shareholders of record as of the close of business on Feb. 16.
 
In September, Kroger's board of directors raised the quarterly dividend by approximately 12%. Kroger has delivered double-digit compound growth in its dividend since it was reinstated in 2006. 
 
The company continues to expect an increasing dividend over time.

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CVS Health’s Lou Mercado talks diversity in Diversity Journal article

BY Antoinette Alexander

WOONSOCKET, R.I. — In speaking with Diversity Journal, CVS Health’s VP of inventory management Lou Mercado discussed the importance of hiring diverse colleagues and shared how he is incorporating diversity across his team.

“Our Strategic Diversity Management team provides tremendous support throughout the organization to ensure that we are executing on that strategy. I personally pay it forward through incorporating diversity across my team. We are committed to hiring qualified and successful leaders and, more important, making sure that they have a clear path to succeed in our company,” Mercado told the publication.

Mercado also shared the best career advice he has received from a mentor and revealed his career advice to others.
 

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