Salt Lake-based American Stores Co. has declared a quarterly cash dividend of 28 cents per common share, payable Jan. 14 to shareholders of record Jan. 3.

American Stores Co.'s regional operating companies include American Superstores Inc. and its subsidiaries Acme Markets Inc., Jewel Food Stores and Star Market; American Drug Stores Inc. and its divisions Osco Drug Inc. and Sav-On; American Food and Drug Inc. and its divisions Skaggs Alpha Beta and Jewel Osco; Lucky Stores Inc.; and Alpha Beta Co.