SpartanNash Declares Quarterly Cash Dividend

Rhea-AI Summary

SpartanNash (Nasdaq: SPTN), a food solutions company, has declared a quarterly cash dividend of $0.2175 per common share. The dividend will be paid on October 4, 2024, to shareholders of record as of the close of business on September 23, 2024. This decision was approved by the company's Board of Directors on September 11, 2024. As of September 10, 2024, SpartanNash had 33,744,708 common shares outstanding. This announcement demonstrates the company's commitment to providing regular returns to its shareholders.

Positive

• Consistent dividend payment indicates financial stability
• Quarterly dividend of $0.2175 per share provides income for shareholders
• 33,744,708 outstanding shares suggest a substantial market presence

Negative

• None.

News Market Reaction

+2.18%

1 alert

+2.18% News Effect

On the day this news was published, SPTN gained 2.18%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

GRAND RAPIDS, Mich., Sept. 12, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today announced that on Sept. 11, 2024, its Board of Directors approved a quarterly cash dividend of $0.2175 per common share. The dividend will be paid on Oct. 4, 2024, to shareholders of record as of the close of business on Sept. 23, 2024. As of Sept. 10, 2024, there were 33,744,708 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, Communications
press@spartannash.com

 

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SOURCE SpartanNash

FAQ

What is the amount of SpartanNash's (SPTN) quarterly dividend for 2024?

SpartanNash (SPTN) has declared a quarterly cash dividend of $0.2175 per common share for 2024.

When will SpartanNash (SPTN) pay its latest quarterly dividend?

SpartanNash (SPTN) will pay its latest quarterly dividend on October 4, 2024.

What is the record date for SpartanNash's (SPTN) upcoming dividend payment?

The record date for SpartanNash's (SPTN) upcoming dividend payment is September 23, 2024.

How many common shares of SpartanNash (SPTN) were outstanding as of September 10, 2024?

As of September 10, 2024, SpartanNash (SPTN) had 33,744,708 common shares outstanding.