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SpartanNash Co (SpartanNash Co) 3-Year Dividend Growth Rate

: 3.80% (As of Dec. 2023)
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SpartanNash Co's Dividends per Share for the three months ended in Dec. 2023 was $0.22.

The historical rank and industry rank for SpartanNash Co's 3-Year Dividend Growth Rate or its related term are showing as below:

SPTN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 3.4   Med: 10.1   Max: 58.7
Current: 3.8

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SpartanNash Co was 58.70% per year. The lowest was 3.40% per year. And the median was 10.10% per year.

SPTN's 3-Year Dividend Growth Rate is ranked worse than
63.36% of 131 companies
in the Retail - Defensive industry
Industry Median: 7.6 vs SPTN: 3.80

During the past 12 months, SpartanNash Co's average Dividends Per Share Growth Rate was 2.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

SpartanNash Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.61. As of today, SpartanNash Co's Dividend Yield % is 4.52%.

Good Sign:

SpartanNash Co stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Food Distribution subindustry, SpartanNash Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SpartanNash Co 3-Year Dividend Growth Rate Distribution

For the Retail - Defensive industry and Consumer Defensive sector, SpartanNash Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where SpartanNash Co's 3-Year Dividend Growth Rate falls into.



SpartanNash Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


SpartanNash Co  (NAS:SPTN) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

SpartanNash Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.215/ 0.35
=0.61

During the past 13 years, the highest Dividend Payout Ratio of SpartanNash Co was 0.69. The lowest was 0.25. And the median was 0.34.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

SpartanNash Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.2182024-03-132024-03-142024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.2152023-12-072023-12-082023-12-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2152023-09-142023-09-152023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.2152023-06-142023-06-152023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

SpartanNash Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.863/19.24
=4.49 %

Current Share Price is $19.24.
SpartanNash Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.863.

During the past 13 years, the highest Dividend Yield of SpartanNash Co was 7.87%. The lowest was 1.20%. And the median was 2.69%.

Good Sign:

SpartanNash Co stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SpartanNash Co 3-Year Dividend Growth Rate Related Terms>


SpartanNash Co (SpartanNash Co) Business Description

Traded in Other Exchanges
Address
850 76th Street SW, P.O. Box 8700, Grand Rapids, MI, USA, 49518-8700
SpartanNash Co is a food solutions company that delivers the ingredients for a better life. The company operates in two segments: Retail and Wholesale. The Company's Wholesale segment uses a multi-channel sales approach to distribute national brand and private brand products to independent retailers, national accounts, food service distributors, e-commerce providers, and the Company's corporate owned retail stores. Majority of the revenue is earned from wholesale segment.
Executives
Kerrie D. Macpherson director 5790 WIDEWATERS PARKWAY, C/O COMMUNITY BANK SYSTEM INC., DEWITT NY 13214
William R Voss director C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Hawthorne L. Proctor director C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Bennett John Morgan officer: SVP and Chief Mdsing Officer 850 76TH STREET SW, GRAND RAPIDS MI 49518
Matthew Mannelly director C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Yvonne Trupiano officer: Sr. VP Chief HR Officer 850 76TH STREET SW, PO BOX 8700, GRAND RAPIDS MI 49518
Pamela Puryear director 253 DOLPHIN COVE QUAY, STAMFORD CT 06902
Julien Mininberg director ONE HELEN OF TROY PLAZA, EL PASO TX 79912
Jaymin B Patel director C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
Frank Gambino director C/O 850 - 76TH STREET SW, GRAND RAPIDS MI 49518
Ileana Mcalary officer: SVP CLO and Secretary 850 76TH STREET SW, GRAND RAPIDS MI 49518
Kathleen M Mahoney officer: Exec VP Gen Counsel and Secy C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Robert Todd Riksen officer: VP, Corporate Controller 850 76TH STREET SW, GRAND RAPIDS MI 49518
Masiar Tayebi officer: E.V.P., Chief Strategy Officer 850 76TH STREET SW, GRAND RAPIDS MI 49518
David J Petko officer: Senior VP Supply Chain 850 76TH STREET SW, GRAND RAPIDS MI 49518