Tractor Supply Company Declares Quarterly Dividend

Rhea-AI Summary

Tractor Supply Company (NASDAQ: TSCO) has declared a quarterly cash dividend of $0.92 per share, set for payment on December 6, 2022. Shareholders on record as of November 21, 2022 will receive this dividend. As the largest rural lifestyle retailer in the U.S., Tractor Supply continues to target recreational farmers and ranchers, operating over 2,027 stores across 49 states. The recent acquisition of 81 stores from Orscheln Farm and Home, expected to be completed by year-end, reflects the company's growth strategy.

Positive

• Declared a quarterly cash dividend of $0.92 per share, enhancing shareholder income.
• Acquired 81 stores from Orscheln Farm and Home, boosting market presence.

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 December 6, 2022 to stockholders of record of the Company’s common stock as of the close of business on November 21, 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 50,000 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 September 24, 2022, the Company operated 2,027 Tractor Supply stores in 49 states, a consumer mobile app and an e-commerce website at TractorSupply.com. In October 2022, Tractor Supply acquired 81 stores from Orscheln Farm and Home that will be rebranded to Tractor Supply by the end of 2023.

Tractor Supply Company also owns and operates Petsense by Tractor Supply, 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 September 24, 2022, the Company operated 180 Petsense by Tractor Supply stores in 23 states. For more information on Petsense by Tractor Supply, visit Petsense.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221103005320/en/

Tractor Supply Company

Investor Contacts:

Mary Winn Pilkington (615) 440-4212

Marianne Denenberg (615) 440-4345

Source: Tractor Supply Company

FAQ

What is the dividend amount declared by Tractor Supply Company?

Tractor Supply Company declared a quarterly cash dividend of $0.92 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on December 6, 2022.

What is the record date for receiving the dividend?

Shareholders must be on record by November 21, 2022, to receive the dividend.

How many stores does Tractor Supply Company operate?

As of September 24, 2022, Tractor Supply Company operated 2,027 stores in 49 states.

What recent acquisition did Tractor Supply Company announce?

Tractor Supply Company announced the acquisition of 81 stores from Orscheln Farm and Home.