SpartanNash Company (NASDAQ:SPTN) will begin trading ex-dividend on September 10, 2020. The quarterly dividend payment of $ 0.1925 per share is scheduled to be paid on September 30, 2020. The dividend yield based on the latest trading day closing price was 4.36 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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SpartanNash Company recently reported second quarter financial results on August 12, 2020, after market close, the Grand Rapids based company outlined income for the second quarter of $ 0.73 per share, from the revenue of $ 2,184.00 million. The quarterly earnings swell 114.71 percent while revenues escalated 9.42 percent compared with the same quarter last year.
Street analysts expected SpartanNash Company recently reported second quarter financial results on August 12, 2020, after market close, the Grand Rapids based company to report income of $ 0.63 per share on revenue of $ 2256.66 million for the second quarter. The bottom line results beat street analysts by $ 0.1 or 15.87 percent, at the same time, top line results fell short of analysts by $ 72.66 million or 3.22 percent.
Stock Performance
Shares of SpartanNash Company traded low $ -0.69 or -3.76 percent on Tuesday, reaching $ 17.68 with volume of 722.90 thousand shares. SpartanNash Company has traded high as $ 18.44 and has cracked $ 17.41 on the downward trend
According to the previous trading day, closing price of $ 17.68, representing a 104.11 % increase from the 52 week low of $ 9.00 and a 23.27 % decrease over the 52 week high of $ 23.94.
The company has a market capital of $ 633.53 million and is part of the Consumer Defensive sector and Food Distribution industry.
SpartanNash Company distributes and retails grocery products. It operates in three segments: Food Distribution, Military, and Retail. The Food Distribution segment offers approximately 60,000 stock-keeping units, such as dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmacy products to independent retailers, national retailers, food service distributors, e-commerce providers, and corporate owned retail stores.
