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.
A biweekly payroll happens once every two weeks, such as every other Thursday or Friday. A semi-monthly payroll occurs twice per month, such on the 15th and last day of the month. Both payrolls have their advantages. Normally, a year has 365 days; however, a leap year has 366 days. A biweekly payroll has 14 days and 26 pay periods, which amounts to 364 days. Over time, this difference of one day during regular years and two days during leap years results in a 27th paycheck for biweekly workers.