American Stores Co. has declared a quarterly cash dividend on American Stores Co. common stock, of 25 cents per common share, payable April 7 to shareholders of record March 24.

The company's board also declared a quarterly cash dividend of $1.09375 per share on its Series A $4.375 Cumulative Convertible Exchangeable Preferred Stock, payable May 15 to shareholders of record April 26.