SpartanNash Announces 5.6% Increase in Quarterly Cash Dividend
GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Feb 28, 2019--SpartanNash Company (the “Company”) (Nasdaq: SPTN) today announced that its Board of Directors has approved an increase to its quarterly cash dividend from $0.18 to $0.19 per common share. The dividend will be paid on March 29, 2019 to shareholders of record as of March 15, 2019. As of February 25, 2019, there were 35,952,014 common shares outstanding.
SpartanNash (Nasdaq: SPTN) is a Fortune 400 company whose 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 premier fresh produce distribution and fresh food processing. SpartanNash serves customer locations in all 50 states and the District of Columbia, Europe, Cuba, Puerto Rico, Bahrain, Djibouti and Egypt. SpartanNash currently operates 159 supermarkets, primarily under the banners of Family Fare Supermarkets, Martin’s Super Markets, D&W Fresh Market, VG’s Grocery, Dan’s Supermarket and Family Fresh Market. Through its MDV military division, SpartanNash is a leading distributor of grocery products to U.S. military commissaries.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190228005994/en/
CONTACT: Investor Contacts:
Chief Financial Officer and Executive Vice President
(616) 878-8023Katie Turner
(646) 277-1228Media Contact:
Vice President Corporate Affairs and Communications
KEYWORD: UNITED STATES NORTH AMERICA MICHIGAN
INDUSTRY KEYWORD: SUPPLY CHAIN MANAGEMENT RETAIL FOOD/BEVERAGE SUPERMARKET
SOURCE: SpartanNash Company
Copyright Business Wire 2019.
PUB: 02/28/2019 04:05 PM/DISC: 02/28/2019 04:05 PM