SpartanNash Declares Quarterly Cash Dividend

Rhea-AI Summary

SpartanNash (Nasdaq: SPTN) announced that its Board of Directors has approved a quarterly cash dividend of $0.2175 per common share. The dividend will be distributed on December 30, 2024, to shareholders recorded as of December 9, 2024. The company reported 33,754,787 outstanding common shares as of November 19, 2024.

Positive

• Consistent dividend payment demonstrates financial stability
• Quarterly dividend of $0.2175 per share maintains shareholder returns

Negative

• None.

News Market Reaction – SPTN

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In the trading session that priced this news, SPTN gained 0.97%, reflecting a mild positive market reaction.

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GRAND RAPIDS, Mich., Nov. 22, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today announced that on Nov. 20, 2024, its Board of Directors approved a quarterly cash dividend of $0.2175 per common share. The dividend will be paid on Dec. 30, 2024, to shareholders of record as of the close of business on Dec. 9, 2024. As of Nov. 19, 2024, there were 33,754,787 common shares outstanding.

About SpartanNash
SpartanNash (Nasdaq: SPTN) is a food solutions company that delivers the ingredients for a better life. Committed to fostering a People First culture, the SpartanNash family of Associates is 17,000 strong. SpartanNash operates two complementary business segments - food wholesale and grocery retail. Its global supply chain network serves wholesale customers that include independent and chain grocers, national retail brands, e-commerce platforms, and U.S. military commissaries and exchanges. The Company distributes products for every aisle in the grocery store, from fresh produce to household goods to its OwnBrands, which include the Our Family^® portfolio of products. On the retail side, SpartanNash operates 147 brick-and-mortar grocery stores, primarily under the banners of Family Fare, Martin's Super Markets and D&W Fresh Market, in addition to dozens of pharmacies and fuel centers. Leveraging insights and solutions across its segments, SpartanNash offers a full suite of support services for independent grocers. For more information, visit spartannash.com.

INVESTOR CONTACT:
Kayleigh Campbell
Head of Investor Relations
kayleigh.campbell@spartannash.com 

MEDIA CONTACT:
Adrienne Chance 
SVP and Chief Communications Officer
press@spartannash.com

 

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SOURCE SpartanNash

FAQ

What is SpartanNash's (SPTN) dividend amount for Q4 2024?

SpartanNash's dividend for Q4 2024 is $0.2175 per common share.

When is SpartanNash's (SPTN) next dividend payment date?

SpartanNash's next dividend payment date is December 30, 2024.

What is the record date for SpartanNash's (SPTN) Q4 2024 dividend?

The record date for SpartanNash's Q4 2024 dividend is December 9, 2024.

How many common shares of SpartanNash (SPTN) were outstanding as of November 19, 2024?

SpartanNash had 33,754,787 common shares outstanding as of November 19, 2024.