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Tractor Supply Company Declares Quarterly Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the U.S., declared a quarterly cash dividend of $0.92 per share of common stock. This dividend will be paid on September 7, 2022, to stockholders of record as of the close of business on August 22, 2022. With over 2,000 stores across 49 states, Tractor Supply targets recreational farmers, ranchers, and rural lifestyle enthusiasts, offering a wide range of products catering to this market.
Positive
Dividend of $0.92 per share enhances shareholder income.
Strong market presence with over 2,000 stores supports growth potential.
Negative
None.
BRENTWOOD, Tenn.--(BUSINESS WIRE)--
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, today announced that its Board of Directors declared a quarterly cash dividend of $0.92 per share of the Company’s common stock.
The dividend will be paid on September 7, 2022 to stockholders of record of the Company’s common stock as of the close of business on August 22, 2022.
About Tractor Supply Company
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, has been passionate about serving its unique niche, targeting the needs of recreational farmers, ranchers and all those who enjoy living the rural lifestyle, for more than 80 years. Tractor Supply offers an extensive mix of products necessary to care for home, land, pets and animals with a focus on product localization, exclusive brands and legendary customer service for the Out Here lifestyle. With nearly 48,000 Team Members, the Company's physical store assets, combined with its digital capabilities, offer customers the convenience of purchasing products they need anytime, anywhere and any way they choose at the everyday low prices they deserve. At June 25, 2022, the Company operated 2,016 Tractor Supply stores in 49 states, a consumer mobile app and an e-commerce website at www.TractorSupply.com.
Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services. At June 25, 2022, the Company operated 178 Petsense stores in 23 states. For more information on Petsense, visit www.Petsense.com.