Kroger Announces 2:1 Stock Split, Buyback & Dividend Hike. The Kroger Co. (KR - Free Report) announced a 2 for 1 stock split yesterday at its annual shareholder meeting. The split is scheduled on or about Jul 13, 2015 for shareholders as of Jul 6.
1 Biweekly. 2  Biweekly is the other most common pay schedule. When employees are paid biweekly, they are paid every other week, usually on a Friday. This means there are usually 26 pay periods in a year, but sometimes 27 depending on how many Fridays there are that year. This also means that there are some months that employees are paid 3 times per month.
And it is an issue we suspect many employers had not noticed or considered. With 52 weeks in a year, there normally are 26 bi-weekly pay periods in a calendar year. In 2015, however, there will be 27 for many employers. This oddity occurs every 11 years. In short, it happens because 26 bi-weekly paychecks only cover 364 days in a year, not 365 (or 366 in Leap Years).