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On November 16, 2022, SpartanNash (Nasdaq: SPTN) declared a quarterly cash dividend of $0.21 per common share. This dividend will be paid on December 30, 2022, to shareholders recorded as of December 9, 2022. As of November 17, 2022, there are 35,262,127 common shares outstanding. The company serves a diverse customer base, including military commissaries and its own grocery stores across the U.S. and internationally, with a workforce of over 17,500 employees.
Positive
Quarterly cash dividend of $0.21 per share enhances shareholder income.
Strong operational structure with 147 supermarkets and a large distribution network supports business growth.
Negative
None.
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--
Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) today announced that on November 16, 2022, its Board of Directors approved a quarterly cash dividend of $0.21 per common share. The dividend will be paid on December 30, 2022, to shareholders of record as of the close of business on December 9, 2022. As of November 17, 2022, there were 35,262,127 common shares outstanding.
About SpartanNash
SpartanNash (Nasdaq: SPTN) is a food solutions company that delivers the ingredients for a better life. As a distributor, wholesaler and retailer with a global supply chain network, SpartanNash customers span a diverse group of national accounts, independent and chain grocers, e-commerce retailers, U.S. military commissaries and exchanges, and the Company's own brick-and-mortar grocery stores, pharmacies and fuel centers. SpartanNash distributes grocery and household goods, including fresh produce and its Our Family® portfolio of products, to locations in all 50 states, in addition to distributing to the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Iraq, Kuwait, Bahrain, Qatar, Djibouti, Korea and Japan. To support its distribution business, the Company operates a strategically developed network of large-scale distribution facilities and a nationwide transportation fleet. In addition, the Company owns and operates 147 supermarkets - primarily under the banners of Family Fare, Martin's Super Markets and D&W Fresh Market - and shares its operational insights to drive innovative solutions for SpartanNash food retail customers. Committed to fostering a People First culture, the SpartanNash family of Associates is 17,500 strong and growing. For more information, visit spartannash.com.
