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SPTN SpartanNash dividend history, payout ratio & dates

SpartanNash's latest quarterly dividend was on Mar 13, 2024 (ex-date) with a payout of $0.218 per share. On an annualized basis, the company has a current payout of $0.86 per share. This brings the dividend yield to 4.57% based on its recent close price. The latest dividend has increased by $0, or 1.2% from the prior distribution.

Key dates

  • SPTN last dividend date: Mar 13, 2024
  • SPTN next dividend date: Not announced
SPTN dividend stats
DPS
$0.86
Dividend yield
4.57%
Payout ratio
56.4%
vs. Consumer Defensive sector
Dividend yield
2.36%
Payout ratio
42.2%

Dividend yield

What is SpartanNash current dividend yield

SpartanNash's dividend yield of 4.57% is above the Consumer Defensive sector, the industry and its peers average. Compared to its Consumer Defensive sector average of 2.36%, SpartanNash's dividend yield is 94% higher. Historically SPTN's dividend yield has averaged at 4.1% in the last 5 years, which is below the current yield.

Dividend history

What is SPTN dividend payout history and dates

SpartanNash has been paying dividends since 2006. SPTN has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 2.1% since twelve months ago. And with the price of the stock down by 22% from a year ago, the dividend yield has increased by 32%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Mar 13, 2024 Mar 28, 2024 Mar 7, 2024 $0.218 normal
Dec 7, 2023 Dec 29, 2023 Nov 14, 2023 $0.215 normal
Sep 14, 2023 Sep 29, 2023 Aug 25, 2023 $0.215 normal
Jun 14, 2023 Jun 30, 2023 May 31, 2023 $0.215 normal
Mar 16, 2023 Mar 31, 2023 Mar 1, 2023 $0.215 normal
Dec 8, 2022 Dec 30, 2022 Nov 16, 2022 $0.21 normal
Sep 14, 2022 Sep 30, 2022 Aug 24, 2022 $0.21 normal
Jun 14, 2022 Jun 30, 2022 May 25, 2022 $0.21 normal
Mar 16, 2022 Mar 31, 2022 Mar 2, 2022 $0.21 normal
Dec 9, 2021 Dec 30, 2021 Nov 19, 2021 $0.2 normal
Sep 14, 2021 Sep 30, 2021 Aug 25, 2021 $0.2 normal
Jun 14, 2021 Jun 30, 2021 May 26, 2021 $0.2 normal
Mar 12, 2021 Mar 31, 2021 Mar 5, 2021 $0.2 normal
Dec 9, 2020 Dec 31, 2020 Nov 20, 2020 $0.193 normal
Sep 10, 2020 Sep 30, 2020 Aug 24, 2020 $0.193 normal
Jun 11, 2020 Jun 30, 2020 May 20, 2020 $0.193 normal
Mar 9, 2020 Mar 31, 2020 Feb 27, 2020 $0.193 normal
Dec 9, 2019 Dec 31, 2019 Nov 13, 2019 $0.19 normal
Sep 13, 2019 Sep 30, 2019 Aug 21, 2019 $0.19 normal
Jun 13, 2019 Jun 28, 2019 May 22, 2019 $0.19 normal
Mar 14, 2019 Mar 29, 2019 Feb 27, 2019 $0.19 normal
Dec 14, 2018 Dec 31, 2018 Nov 14, 2018 $0.18 normal
Sep 13, 2018 Sep 28, 2018 Aug 21, 2018 $0.18 normal
Jun 14, 2018 Jun 29, 2018 May 23, 2018 $0.18 normal
Mar 15, 2018 Mar 29, 2018 Feb 28, 2018 $0.18 normal
Dec 7, 2017 Dec 29, 2017 Nov 15, 2017 $0.165 normal
Sep 14, 2017 Sep 29, 2017 Aug 23, 2017 $0.165 normal
Jun 14, 2017 Jun 30, 2017 May 23, 2017 $0.165 normal
Mar 16, 2017 Mar 31, 2017 Mar 1, 2017 $0.165 normal
Dec 7, 2016 Dec 30, 2016 Nov 21, 2016 $0.15 normal
Sep 14, 2016 Sep 30, 2016 Aug 24, 2016 $0.15 normal

SpartanNash dividend payout ratio

What is SpartanNash dividend payout ratio compared to the sector

Payout ratio

SpartanNash's payout ratio of 56.4% is above the Consumer Defensive sector, the industry and its peers average. If we compare it with its Consumer Defensive sector average of 42.2%, SpartanNash's payout ratio is 34% higher.

Total amount of dividends paid per financial year (from cash flow)

SPTN dividend vs peer dividends

How does SPTN dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
SPTN SpartanNash Co 4.57% $0.86 56.4%
VLGEA Village Super Market Inc 3.66% $1 25.4%
SYY Sysco Corp 2.64% $2 48.5%
WMK Weis Markets Inc 2.19% $1.36 35.2%
DIT Amcon Distributing Co 0.41% $0.72 4.2%

Frequently asked questions

Does SpartanNash pay a dividend?

Yes, SpartanNash has paid four dividends in the last twelve months. SPTN has been paying dividends since 2006.

When is SpartanNash's next dividend?

SPTN hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in June 2024.

When was SPTN's last dividend?

SpartanNash's last regular dividend was on Mar 13, 2024 (ex-date) with the amount of $0.218 per share.

How much dividend does SpartanNash pay (per share)?

SPTN has paid dividend of $0.86 per share in the last year.

What is SpartanNash's dividend yield?

SpartanNash's current dividend yield is 4.57%.

How often does SpartanNash pay dividends?

SpartanNash pays dividends quarterly.

What is SpartanNash's dividend payout ratio?

The dividend payout ratio of SpartanNash is 56.4%.

Does SpartanNash pay a good dividend?

SpartanNash's dividend yield is above the Consumer Defensive sector average.