Safeway board approves 21% increase in quarterly dividend

Pleasanton-based company had annual sales of $43.6 billion in 2011

Safeway Inc. announced Tuesday that its board of directors has declared a regular quarterly cash dividend, reflecting a 21% increase from $0.145 per share to $0.175 per share on a quarterly basis.

The cash dividend of $0.175 per share will be payable on July 12, 2012 to stockholders of record at the close of business on June 21, 2012.

Safeway Inc., a Fortune 100 company, operates 1,675 stores in the U.S. and western Canada and had annual sales of $43.6 billion in 2011.

--Jeb Bing


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Posted by DawnG
a resident of Pleasanton Meadows
on May 16, 2012 at 3:11 pm

What I am really loving in listening to the webcast is the sexist joke the General Counsel Robert Gordon, starts the meeting with. This woman will not set foot in a Safeway again until that man is fired. Here is the transcript.

You know, this is the season when companies and other institutions are interested in enhancing their reputation and their image for the general public, and one of the institutions that's doing this is the Secret Service, particularly after the calamity in Colombia. And among the instructions given to the Secret Service agents was to try to agree with the president more and support his decisions. And that led to this exchange that took place last week, when the president flew into the White House lawn and an agent greeted him at the helicopter.
The president was carrying two pigs under his arms and the Secret Service agents said, "Nice pigs, sir."

And the president said, "These are not ordinary pigs, these are genuine Arkansas razorback hogs. I got one for former Speaker Nancy Pelosi and one for Secretary of State Hillary Clinton."

And the Secret Service agent said, "Excellent trade, sir."


Isn't that nice? Ladies, you know what to do. Business Ethics Hotline at 1-866-239-1376 or email us at

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Posted by Brian742
a resident of Another Pleasanton neighborhood
on May 18, 2012 at 8:57 am

There is nothing sexist about the joke! It doesn't comment on anyone's looks or the role of women. It doesn't subjugate women or suggest they have a place and should stick to it. It doesn't go into sex in any way. The joke works exactly the same if you put Dubya in the lead role, and he trades Cheney and Rumsfeld. If you want to find offense, you could really push and claim it suggests he backs human trafficking because it refers to trading people for pigs, but that is so ludicrous that it still doesn't offend. Lighten up! Politics is supposed to be the one place we can still poke fun. Just because women are in high political roles doesn't mean the jokes become sexist when those high-powered women politicians are included.

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Posted by Phil
a resident of Canyon Meadows
on May 20, 2012 at 4:58 am

I agree with Brian.

Frankly DawnG you sound like someone who is actively looking for things to be offended about. That does t sound like a very healthy lifestyle :(.

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Posted by Ted
a resident of Country Fair
on May 20, 2012 at 9:24 am

Some bra-burning feminazi liberals tend to find fault with everrything. Sheeesh. Get a life girls! Find a good man to take you minds out of communist fantasies of women ruled by the likes of Our Lady of Slime Nancy Pelosi.

Posted by Name hidden
a resident of Ridgeview Commons

on Jun 1, 2017 at 7:58 am

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