Safeway Board of Directors Approves 21% Increase in Quarterly Dividend, $0.12 Per Share To $0.145 Per Share

Safeway SWY announced that its Board of Directors met today and declared a regular quarterly cash dividend, reflecting a 21% increase from $0.12 per share to $0.145 per share on a quarterly basis. The cash dividend of $0.145 per share will be payable on July 14, 2011, to stockholders of record at the close of business on June 23, 2011.