The Role of The Kroger (KR) in Defensive Portfolios of NYSE Dividend Stocks

The Kroger Co. (NYSE:KR) is included among the 10 Best NYSE Dividend Stocks to Buy.

The Kroger Co. (NYSE:KR) is one of the largest grocery chains in the US, operating thousands of food stores nationwide. Its business includes supermarkets, multi-department stores, and an expanding digital platform that supports online grocery shopping. Alongside traditional retail, the company has been growing its pharmacy services, private label products, and digital sales.

At present, The Kroger Co. (NYSE:KR) is focused on strengthening its e-commerce and digital channels, expanding its private brand portfolio, and improving operational efficiency. A major emphasis is placed on its Fresh offering, which highlights high-quality produce and prepared foods. The company also uses customer data to deliver personalized shopping experiences. Its long-term success depends on building customer loyalty, controlling costs, managing its workforce effectively, and reshaping its store network to keep pace with evolving consumer shopping patterns.

The Kroger Co. (NYSE:KR) is also popular among income investors because of its strong dividend history. On September 18, the company declared a quarterly dividend of $0.35 per share, which was in line with its previous dividend. Overall, it has been rewarding shareholders with growing dividends for the past 19 years, which makes it one of the best dividend stocks. KR supports a dividend yield of 2.13%, as of September 20.

While we acknowledge the potential of KR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.