The Kroger Co (LTS:0JS2) Dividend Payout Ratio: 0.22 (As of Apr. 2026) — Near Median


LTS:0JS2 The Kroger Co LTS:0JS2
69 GF Score
Price $58.54
GF Value $66.84
Valuation Modestly Undervalued
! 1 Warning Sign
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What is The Kroger Co Dividend Payout Ratio?

The Kroger Co LTS:0JS2 +2.25% 69 Dividend Payout Ratio is 0.22 as of Apr. 2026, which is 4% below its 10-year median of 0.23. GuruFocus rates LTS:0JS2 with a GF Score™ of 69/100 and a GF Value™ of $66.84 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 180 Retail - Defensive companies, The Kroger Co ranks better than 67.22% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. The Kroger Co's Dividend Payout Ratio for the months ended in Apr. 2026 was 0.22.

The historical rank and industry rank for The Kroger Co's Dividend Payout Ratio or its related term are showing as below:

LTS:0JS2' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.23   Max: 0.28
Current: 0.28

During the past 13 years, the highest Dividend Payout Ratio of The Kroger Co was 0.28. The lowest was 0.20. And the median was 0.23.

LTS:0JS2's Dividend Payout Ratio is ranked better than
67.22% of 180 companies
in the Retail - Defensive industry
Industry Median: 0.365 vs LTS:0JS2: 0.28

As of today (2026-06-25), the Dividend Yield % of The Kroger Co is 2.45%.

During the past 13 years, the highest Trailing Annual Dividend Yield of The Kroger Co was 2.54%. The lowest was 1.08%. And the median was 1.92%.

The Kroger Co's Dividends per Share for the months ended in Apr. 2026 was $0.35.

During the past 12 months, The Kroger Co's average Dividends Per Share Growth Rate was 9.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Kroger Co was 23.10% per year. The lowest was 7.50% per year. And the median was 13.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

The Kroger Co (LTS:0JS2) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

The Kroger Co Dividend Payout Ratio Related Terms

The Kroger Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for The Kroger Co's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Kroger Co Dividend Payout Ratio Chart

The Kroger Co Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.22 0.23 0.27 0.28

The Kroger Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.31 0.33 0.27 0.22

LTS:0JS2 vs SFM, ACI, WMK: Dividend Payout Ratio Comparison

For the Grocery Stores subindustry, The Kroger Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Kroger Co Dividend Payout Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, The Kroger Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where The Kroger Co's Dividend Payout Ratio falls into.


LTS:0JS2
69GF Score
The Kroger Co LTS:0JS2
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Kroger Co Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

The Kroger Co's Dividend Payout Ratio for the fiscal year that ended in Jan. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jan. 2026 )/ EPS without NRI (A: Jan. 2026 )
=1.34/ 4.85
=0.28

The Kroger Co's Dividend Payout Ratio for the quarter that ended in Apr. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Apr. 2026 )/ EPS without NRI (Q: Apr. 2026 )
=0.35/ 1.58
=0.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.22 mean?
The Kroger Co (LTS:0JS2) has a Dividend Payout Ratio of 0.22 as of Apr. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on The Kroger Co and its competitors. This is near median its historical median of 0.23. Over the past decade, The Kroger Co's Dividend Payout Ratio has ranged from 0.20 to 0.28. According to the industry distribution chart, The Kroger Co ranks #59 out of 180 companies in the Retail - Defensive industry, placing it in the top 32.8%.
Is The Kroger Co's Dividend Payout Ratio too high?
The Kroger Co's current Dividend Payout Ratio of 0.22 is near median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.28. The Retail - Defensive industry median Dividend Payout Ratio is 0.37. The Kroger Co's value of 0.22 is 39.7% below this industry median. Based on the distribution chart, The Kroger Co ranks #59 out of 180 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, The Kroger Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Kroger Co's Dividend Payout Ratio compare to SFM and ACI?
According to the Retail - Defensive industry distribution chart, The Kroger Co ranks #59 out of 180 companies for Dividend Payout Ratio. This puts The Kroger Co in the upper half of its industry. The industry median Dividend Payout Ratio is 0.37. The Kroger Co's value of 0.22 is 39.7% below this benchmark. Historically, The Kroger Co's own Dividend Payout Ratio has ranged from 0.20 to 0.28 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.37, The Kroger Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Retail - Defensive company?
The median Dividend Payout Ratio among Retail - Defensive companies is 0.37, based on 180 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Kroger Co's current Dividend Payout Ratio of 0.22 is 39.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on The Kroger Co and its competitors. For the Retail - Defensive industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Kroger Co's current Dividend Payout Ratio is 0.22, which is near median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Kroger Co stock overvalued right now?
Based on GuruFocus' analysis, The Kroger Co (LTS:0JS2) is currently considered Modestly Undervalued. The stock's GF Value™ is $66.84, compared to a current price of $58.54 — trading 12.4% below its estimated fair value. The current Dividend Payout Ratio is 0.22, which is near median its 10-year median of 0.23 and 39.7% below the Retail - Defensive industry median of 0.37. The Kroger Co's overall GF Score™ is 69/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For The Kroger Co (LTS:0JS2), the current Dividend Payout Ratio is 0.22 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Kroger Co (LTS:0JS2) Overvalued in 2026?

Based on GuruFocus' analysis, The Kroger Co stock appears to be undervalued. The current stock price of $58.54 is trading 12.4% below its estimated GF Value™ of $66.84. GuruFocus considers The Kroger Co to be Modestly Undervalued.

Key valuation signals for LTS:0JS2:

  • Dividend Payout Ratio: 0.22 (near median its 10-year median of 0.23)
  • GF Value™: $66.84 vs. price of $58.54 (12.4% below fair value)
  • GF Score™: 69/100 with 1 warning sign
  • Industry Position: 39.7% below the Retail - Defensive median (#59 of 180)

No single metric tells the full story. See the LTS:0JS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

The Kroger Co Business Description

Address 1014 Vine Street, Cincinnati, OH, USA, 45202-1100
Founded in 1883, Kroger is the largest pure-play supermarket operator in the United States, operating roughly 2,700 stores across more than 30 banners. Kroger's business is primarily grocery-led (roughly 78% of sales), spanning fresh food and private-label offerings, complemented by fuel centers (9%) and pharmacies (12%). The firm also generates income from advertising, data analytics, and manufacturing.
69GF Score

Get the complete analysis for LTS:0JS2

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$58.54
Price
$66.84
GF Value