SpartanNash Declares $0.2175 Quarterly Dividend

SpartanNash (NASDAQ: SPTN) has declared a quarterly cash dividend of $0.2175 per common share on September 11, 2024. This dividend will be paid on October 4, 2024, and as of September 10, 2024, there were 33,744,708 common shares outstanding.

The company's family of associates stands at 17,000 strong, and it operates two business segments – food wholesale and grocery retail. SpartanNash's global supply chain network serves wholesale customers, including independent and chain grocers, national retail brands, e-commerce platforms, and U.S. military commissaries and exchanges. The company also distributes its own brands, such as the Our Family® portfolio of products.

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 numerous pharmacies and fuel centers. Leveraging insights and solutions across its segments, SpartanNash offers a full suite of support services for independent grocers. As a result of these announcements, the company's shares have moved 2.2% on the market, and are now trading at a price of $21.52. If you want to know more, read the company's complete 8-K report here.

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