Major grocery chain Safeway Inc. (NYSE:SWY) recently announced a 21% increase in its regular quarterly dividend to 17.5 cents per share from earlier quarterly rate of 14.5 cents. The dividend will be payable on July 12 to shareholders of record as of June 21, 2012. 
Safeway has an effective capital deployment policy in place and strives to benefit shareholders through dividend payments and share repurchases. During the first quarter, the company repurchased 46 million shares for $1 billion. … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards