Tractor Supply Company (NASDAQ:TSCO) declared quarterly dividend of $ 0.40 per share, or $ 1.60 annualized. This dividend is a 14.3 percent increase of the previous dividend of $0.35 per share.
The dividend will be payable on September 9, 2020, to stockholders of record on August 24, 2020, with an ex-dividend date of August 21, 2020.
Cynthia Jamison, Chairman of the Board , commented, We are pleased to raise our dividend by more than 14 percent, marking the tenth consecutive year of increase. This dividend increase is in recognition of our robust performance, strong financial position and confidence in the future of Tractor Supply as we work to emerge from the pandemic stronger than before.
Dividends History
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Stock Performance
According to the previous trading day, closing price of TSCO was $ 147.23, representing a 130.44 % increase from the 52 week low of $ 63.89 and a 4.69 % decrease over the 52 week high of $ 154.48.
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The company has a market capital of $ 17.11 billion and is part of the Consumer Cyclical sector and Specialty Retail industry.
Tractor Supply Company operates rural lifestyle retail stores in the United States. The company offers a selection of merchandise, including equine, livestock, pet, and small animal products necessary for their health, care, growth, and containment; hardware, truck, towing, and tool products; seasonal products, such as heating products, lawn and garden items, power equipment, gifts, and toys; work/recreational clothing and footwear; and maintenance products for agricultural and rural use. As of December 29, 2018, it operated 1,940 retail stores in 49 states.
