SpartanNash Company distributes and retails grocery products. It operates in three segments: Food Distribution, Military, and Retail. The Food Distribution segment offers approximately 65,000 stock-keeping units, such as dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmacy products to independent retailers, national retailers, food service distributors, e-commerce providers, and corporate owned retail stores. This segment also offers various value-added services to retailers. The Military segment sells and distributes grocery products to 160 military commissaries and approximately 400 exchanges located in 39 states across the United States and the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Iraq, Kuwait, Bahrain, Qatar, and Djibouti. The Retail segment primarily operates 145 corporate owned retail stores and 36 fuel centers, primarily under the banners of Family Fare, Martin's Super Markets, D&W Fresh Market, VG's Grocery, and Dan's Supermarket. SpartanNash Company also markets and distributes private brand items primarily under the Our Family brand name. The company was formerly known as Spartan Stores, Inc. and changed its name to SpartanNash Company in November 2013. SpartanNash Company was founded in 1917 and is headquartered in Grand Rapids, Michigan.
SpartanNash Dividend Announcement
• SpartanNash announced a quarterly dividend of $0.22 per ordinary share which will be made payable on 2024-10-04. Ex dividend date: 2024-09-23
• SpartanNash annual dividend for 2024 was $0.65
• SpartanNash annual dividend for 2023 was $0.86
• SpartanNash's trailing twelve-month (TTM) dividend yield is 4.16%
• SpartanNash's payout ratio for the trailing twelve months (TTM) is 36.05%
• SpartanNash's dividend growth over the last five years (2018-2023) was 3.62% year
• SpartanNash's dividend growth over the last ten years (2013-2023) was 9.41% year
SpartanNash Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-09-23 | $0.22 | quarterly | 2024-10-04 |
| 2024-06-14 | $0.22 | quarterly | 2024-06-28 |
| 2024-03-13 | $0.22 | quarterly | 2024-03-28 |
| 2023-12-07 | $0.21 | quarterly | 2023-12-29 |
| 2023-09-14 | $0.21 | quarterly | 2023-09-29 |
| 2023-06-14 | $0.21 | quarterly | 2023-06-30 |
| 2023-03-16 | $0.21 | quarterly | 2023-03-31 |
| 2022-12-08 | $0.21 | quarterly | 2022-12-30 |
| 2022-09-14 | $0.21 | quarterly | 2022-09-30 |
| 2022-06-14 | $0.21 | quarterly | 2022-06-30 |
| 2022-03-16 | $0.21 | quarterly | 2022-03-31 |
| 2021-12-09 | $0.20 | quarterly | 2021-12-30 |
| 2021-09-14 | $0.20 | quarterly | 2021-09-30 |
| 2021-06-14 | $0.20 | quarterly | 2021-06-30 |
| 2021-03-12 | $0.20 | quarterly | 2021-03-31 |
| 2020-12-09 | $0.19 | quarterly | 2020-12-31 |
| 2020-09-10 | $0.19 | quarterly | 2020-09-30 |
| 2020-06-11 | $0.19 | quarterly | 2020-06-30 |
| 2020-03-09 | $0.19 | quarterly | 2020-03-31 |
| 2019-12-09 | $0.19 | quarterly | 2019-12-31 |
| 2019-09-13 | $0.19 | quarterly | 2019-09-30 |
| 2019-06-13 | $0.19 | quarterly | 2019-06-28 |
| 2019-03-14 | $0.19 | quarterly | 2019-03-29 |
| 2018-12-14 | $0.18 | quarterly | 2018-12-31 |
| 2018-09-13 | $0.18 | quarterly | 2018-09-28 |
| 2018-06-14 | $0.18 | quarterly | 2018-06-29 |
| 2018-03-15 | $0.18 | quarterly | 2018-03-29 |
| 2017-12-07 | $0.17 | quarterly | 2017-12-29 |
| 2017-09-14 | $0.17 | quarterly | 2017-09-29 |
| 2017-06-14 | $0.17 | quarterly | 2017-06-30 |
| 2017-03-16 | $0.17 | quarterly | 2017-03-31 |
| 2016-12-07 | $0.15 | quarterly | 2016-12-30 |
| 2016-09-14 | $0.15 | quarterly | 2016-09-30 |
| 2016-06-14 | $0.15 | quarterly | 2016-06-30 |
| 2016-03-17 | $0.15 | quarterly | 2016-03-31 |
| 2015-12-03 | $0.14 | quarterly | 2015-12-30 |
| 2015-09-14 | $0.14 | quarterly | 2015-09-30 |
| 2015-06-15 | $0.14 | quarterly | 2015-06-30 |
| 2015-03-18 | $0.14 | quarterly | 2015-03-31 |
| 2014-12-15 | $0.12 | quarterly | 2014-12-31 |
| 2014-09-12 | $0.12 | quarterly | 2014-09-30 |
| 2014-06-12 | $0.12 | quarterly | 2014-06-30 |
| 2014-03-12 | $0.12 | quarterly | 2014-03-28 |
| 2013-10-30 | $0.09 | quarterly | 2013-11-15 |
| 2013-08-29 | $0.09 | quarterly | 2013-09-17 |
| 2013-06-05 | $0.09 | quarterly | 2013-06-21 |
| 2013-03-07 | $0.08 | quarterly | 2013-03-20 |
SpartanNash Dividend per year
SpartanNash Dividend growth
SpartanNash Dividend Yield
SpartanNash current trailing twelve-month (TTM) dividend yield is 4.16%. Interested in purchasing SpartanNash stock? Use our calculator to estimate your expected dividend yield:
SpartanNash Financial Ratios
P/E ratio16.92
PEG ratio3.59
P/B ratio0.91
ROE5.46%
Payout ratio36.05%
Current ratio1.59
Quick ratio0.75
Cash Ratio0.03
SpartanNash Dividend FAQ
How much is the next SpartanNash dividend?
SpartanNash's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next SpartanNash dividend. The next SpartanNash dividend will be released in March, June, September, or December.
When is SpartanNash dividend paid?
SpartanNash pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does SpartanNash pay?
The specific amount of SpartanNash dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find SpartanNash's dividend history.
Does SpartanNash stock pay dividends?
Yes, SpartanNash does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find SpartanNash's dividend history.
How much dividend does SpartanNash pay?
SpartanNash paid $0.652 in 2024, $0.86 in 2023, $0.84 in 2022, $0.8 in 2021, and $0.77 in 2020.
How often does SpartanNash pay dividends?
SpartanNash typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is SpartanNash's dividend yield?
The current dividend yield for SpartanNash is 4.16%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate SpartanNash's exact dividend yield.
When does SpartanNash go ex dividend?
SpartanNash's ex-dividend date for the latest dividend was on 2024-09-23. SpartanNash typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next SpartanNash dividend paid?
SpartanNash pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will SpartanNash increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether SpartanNash will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is SpartanNash dividend per share?
SpartanNash paid $0.652 per share in 2024 and $0.86 per share in 2023. The amount of dividend per share that SpartanNash pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is SpartanNash a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is SpartanNash a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is SpartanNash a dividend stock?
Yes, SpartanNash is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is SpartanNash a good dividend stock?
Whether SpartanNash is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. SpartanNash has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating SpartanNash as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating SpartanNash as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does SpartanNash pay dividends monthly?
SpartanNash typically pays dividends on a quarterly basis.
Does SpartanNash pay dividends quarterly?
SpartanNash currently pays dividends on a quarterly basis.
Has SpartanNash ever paid a dividend?
Yes, SpartanNash has a history of paying dividends to its shareholders. SpartanNash is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy SpartanNash dividend stocks?
To buy SpartanNash you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy SpartanNash stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy SpartanNash stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does SpartanNash pay dividends 2024?
SpartanNash pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-04. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will SpartanNash increase its dividend in 2024?
Decisions regarding SpartanNash dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date SpartanNash dividend overview you can look into the above table of dividend history.
How SpartanNash dividend works?
The SpartanNash dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how SpartanNash's dividend process works:
1. Determination of Dividend: SpartanNash's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, SpartanNash publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, SpartanNash distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from SpartanNash are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: SpartanNash's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, SpartanNash publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, SpartanNash distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from SpartanNash are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are SpartanNash dividends paid?
SpartanNash dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: SpartanNash sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, SpartanNash distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SpartanNash declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: SpartanNash sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, SpartanNash distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SpartanNash declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does SpartanNash pay dividends?
SpartanNash typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does SpartanNash pay dividends?
The general pattern is that SpartanNash pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is SpartanNash dividend safe?
The safety of SpartanNash's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of SpartanNash's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review SpartanNash's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of SpartanNash's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review SpartanNash's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.