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SpartanNash Declares Quarterly Cash Dividend

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SpartanNash Company (Nasdaq: SPTN) has announced a quarterly cash dividend of $0.20 per common share, approved by its Board of Directors on November 17, 2021. The dividend is set to be paid on December 30, 2021, to shareholders of record as of December 10, 2021. As of November 19, 2021, SpartanNash had 35,946,659 common shares outstanding. This dividend reflects the company's ongoing commitment to return value to its shareholders amidst its diverse distribution operations.

Positive
  • Quarterly cash dividend of $0.20 per share approved.
  • Demonstrates commitment to returning value to shareholders.
  • Ongoing business operations across various customer locations.
Negative
  • None.

GRAND RAPIDS, Mich.--(BUSINESS WIRE)-- SpartanNash Company (Nasdaq: SPTN) ("SpartanNash" or the "Company") today announced that on November 17, 2021, its Board of Directors has approved a quarterly cash dividend of $0.20 per common share. The dividend will be paid on December 30, 2021 to shareholders of record as of the close of business on December 10, 2021. As of November 19, 2021, there were 35,946,659 common shares outstanding.

About SpartanNash

SpartanNash (Nasdaq: SPTN) is a food solutions company that delivers the ingredients for a better life through customer-focused innovation. Its core businesses include distributing grocery products to a diverse group of independent and chain retailers, its corporate-owned retail stores, and U.S. military commissaries and exchanges; as well as operating a premier fresh produce distribution network and the Our Family® brand. SpartanNash serves customer locations in all 50 states and the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Iraq, Kuwait, Bahrain, Qatar and Djibouti. The company owns 146 supermarkets—primarily under the banners of Family Fare, Martin's Super Markets, D&W Fresh Market, VG's Grocery and Dan's Supermarket—and shares its operational insights to drive solutions for SpartanNash food retail customers. Committed to fostering a People First culture, the SpartanNash family of Associates is 19,000 strong and growing. For more information, visit spartannash.com.

Investor Contacts:

Jason Monaco

Executive Vice President and Chief Financial Officer

Jason.Monaco@spartannash.com

Chris Mandeville and Anna Kate Heller ICR

SpartanNashIR@icrinc.com

Media Contact:

Adrienne Chance

Vice President, Communications

Adrienne.Chance@spartannash.com

Source: SpartanNash Company

FAQ

What is the dividend amount approved by SpartanNash?

SpartanNash has approved a quarterly cash dividend of $0.20 per common share.

When will the SpartanNash dividend be paid?

The dividend will be paid on December 30, 2021.

When is the ex-dividend date for SpartanNash?

The ex-dividend date for SpartanNash is December 10, 2021.

How many shares are outstanding for SpartanNash?

As of November 19, 2021, SpartanNash had 35,946,659 common shares outstanding.

SpartanNash Company

NASDAQ:SPTN

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737.32M
33.75M
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86.48%
2.71%
Food Distribution
Wholesale-groceries, General Line
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United States of America
GRAND RAPIDS