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TSCO Tractor Supply dividend history, payout ratio & dates

Tractor Supply's last quarterly dividend payment of $1.1 per share was made to shareholders on record before Feb 23, 2024. The dividend payment stands at $4.19 per share annually, which equates to a dividend yield of 1.58%. The latest TSCO stock dividend of $1.1 is an increase from the previous $1.03 distribution, representing a growth of 7%.

Key dates

  • TSCO last dividend date: Feb 23, 2024
  • TSCO next dividend date: Not announced
TSCO dividend stats
DPS
$4.19
Dividend yield
1.58%
Payout ratio
41.3%
vs. Consumer Cyclical sector
Dividend yield
2.34%
Payout ratio
34.6%

Dividend yield

What is Tractor Supply current dividend yield

TSCO has a dividend yield of 1.58% which is below the Consumer Cyclical sector, the industry and its peers average. Compared to its Consumer Cyclical sector average of 2.34%, Tractor Supply's dividend yield is 32% lower. Historically TSCO's dividend yield has averaged at 1.4% in the last 5 years, which is below the current yield.

Dividend history

What is TSCO dividend payout history and dates

Tractor Supply has been paying dividends for the last 14 years. According to our records TSCO has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 11% since one year ago. And with the stock price up by 9% from a year ago, the dividend yield marks an increase of 1.9%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 23, 2024 Mar 12, 2024 Feb 5, 2024 $1.1 normal
Nov 24, 2023 Dec 12, 2023 Nov 9, 2023 $1.03 normal
Aug 25, 2023 Sep 12, 2023 Aug 10, 2023 $1.03 normal
May 26, 2023 Jun 13, 2023 May 11, 2023 $1.03 normal
Feb 24, 2023 Mar 14, 2023 Feb 8, 2023 $1.03 normal
Nov 18, 2022 Dec 6, 2022 Nov 3, 2022 $0.92 normal
Aug 19, 2022 Sep 7, 2022 Aug 4, 2022 $0.92 normal
May 24, 2022 Jun 8, 2022 May 11, 2022 $0.92 normal
Feb 17, 2022 Mar 8, 2022 Jan 27, 2022 $0.92 normal
Nov 19, 2021 Dec 8, 2021 Nov 4, 2021 $0.52 normal
Aug 20, 2021 Sep 8, 2021 Aug 5, 2021 $0.52 normal
May 21, 2021 Jun 8, 2021 May 6, 2021 $0.52 normal
Feb 19, 2021 Mar 9, 2021 Jan 28, 2021 $0.52 normal
Nov 20, 2020 Dec 8, 2020 Nov 5, 2020 $0.4 normal
Aug 21, 2020 Sep 9, 2020 Aug 6, 2020 $0.4 normal
May 22, 2020 Jun 9, 2020 May 6, 2020 $0.35 normal
Feb 21, 2020 Mar 10, 2020 Feb 5, 2020 $0.35 normal
Nov 22, 2019 Dec 10, 2019 Nov 6, 2019 $0.35 normal
Aug 23, 2019 Sep 10, 2019 Aug 7, 2019 $0.35 normal
May 24, 2019 Jun 11, 2019 May 9, 2019 $0.35 normal
Feb 22, 2019 Mar 12, 2019 Feb 6, 2019 $0.31 normal
Nov 23, 2018 Dec 11, 2018 Nov 7, 2018 $0.31 normal
Aug 24, 2018 Sep 11, 2018 Aug 8, 2018 $0.31 normal
May 25, 2018 Jun 12, 2018 May 9, 2018 $0.31 normal
Feb 23, 2018 Mar 13, 2018 Feb 7, 2018 $0.27 normal
Nov 17, 2017 Dec 5, 2017 Nov 6, 2017 $0.27 normal
Aug 17, 2017 Sep 6, 2017 Aug 7, 2017 $0.27 normal
May 18, 2017 Jun 6, 2017 May 8, 2017 $0.27 normal
Feb 23, 2017 Mar 14, 2017 Feb 8, 2017 $0.24 normal
Nov 9, 2016 Nov 29, 2016 Nov 1, 2016 $0.24 normal
Aug 11, 2016 Aug 30, 2016 Aug 1, 2016 $0.24 normal
May 12, 2016 Jun 1, 2016 May 2, 2016 $0.24 normal
Feb 18, 2016 Mar 8, 2016 Feb 4, 2016 $0.2 normal
Nov 12, 2015 Dec 1, 2015 Nov 2, 2015 $0.2 normal
Aug 13, 2015 Sep 1, 2015 Aug 4, 2015 $0.2 normal

Tractor Supply dividend payout ratio

What is Tractor Supply dividend payout ratio compared to the sector

Payout ratio

TSCO has a payout ratio of 41.3% which is higher than the Consumer Cyclical sector, the industry and its peers average. In comparison with the Consumer Cyclical sector average of 34.6%, Tractor Supply's payout ratio is 19% higher.

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

TSCO dividend vs peer dividends

How does TSCO dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
HD Home Depot Inc 2.57% $8.52 56.2%
LOW Lowes Companies Inc 1.91% $4.4 33.3%
TSCO Tractor Supply Co 1.58% $4.19 41.3%
POOL Pool Corp 1.19% $4.4 32.7%
SHW Sherwin Williams Co 0.83% $2.53 27.1%

Frequently asked questions

Does Tractor Supply pay a dividend?

Yes, Tractor Supply has paid four dividends in the last 12 months. TSCO has been paying dividends since 2010.

When is Tractor Supply's next dividend?

TSCO hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in May 2024.

When was TSCO's last dividend?

Tractor Supply's last regular dividend was on Feb 23, 2024 (ex-date) with the amount of $1.1 per share.

How much dividend does Tractor Supply pay (per share)?

TSCO has paid dividend of $4.19 per share in the last year.

What is Tractor Supply's dividend yield?

Tractor Supply's current dividend yield is 1.58%.

How often does Tractor Supply pay dividends?

Tractor Supply pays dividends quarterly.

What is Tractor Supply's dividend payout ratio?

Tractor Supply's dividend payout ratio is 41.3%.

Does Tractor Supply pay a good dividend?

Tractor Supply's dividend yield is below the Consumer Cyclical sector average.