Safeway Inc. (SWY: Quote) announced Thursday morning that its Board of Directors yesterday declared and approved an acceleration of its regular quarterly cash dividend.
Safeway has been climbing for the majority of early trade Thursday and is now up 1.28 at $18.74 on above average volume. The stock has risen to nearly a 6-month high and has re-crossed its 200-day moving average.
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by RTT Staff Writer
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