Publix announced on Friday its board of directors declared a quarterly dividend of 9 cents per share on its common stock.
The dividend will be payable Aug. 1 to stockholders of record as of the close of business July 15, a press release said.
Publix Super Markets Inc. announced a 5-to-1 stock split in the spring that took effect April 14 and adjusted the stock value to $13.76 each.
Publix stock is not publicly traded and is only available to current Publix associates and members of its board.
Related:Publix Q1 sales rise 13.5% to $13.2 billion as inflation boosts grocery sales nationwide
Previously:Publix board moves forward with 1-to-5 stock split, 9 cent dividend
Publix board of directors also previously approved an increase in the number of authorized shares of its common stock from 1 billion to 4 billion shares, Publix said in April.
At the same time, the Lakeland-based Publix grocery chain had announced its board declared a quarterly dividend on its common stock of 9 cents.
Publix is the largest employee-owned company in the United States, its website said.
The grocer employs more than 230,000 people, operates nearly 1,300 stores in Florida, Georgia, Alabama, Tennessee, South Carolina, North Carolina and Virginia, and has plans for three stores in Kentucky.
