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DOW   29,969.52 (+0.29%)
QQQ   304.28 (+0.14%)
AAPL   122.94 (-0.11%)
MSFT   214.24 (-0.52%)
FB   281.85 (-1.97%)
GOOGL   1,821.84 (-0.17%)
AMZN   3,186.73 (-0.52%)
TSLA   593.38 (+4.32%)
NVDA   535.84 (-1.10%)
BABA   266.91 (+2.14%)
CGC   28.63 (+1.60%)
GE   10.60 (+1.63%)
MU   69.90 (+1.14%)
AMD   92.31 (-1.53%)
T   29.23 (+0.48%)
NIO   45.35 (-5.48%)
F   9.21 (+0.11%)
ACB   11.24 (+2.65%)
NFLX   497.52 (-1.16%)
BA   237.20 (+5.96%)
GILD   60.86 (-0.44%)
DIS   153.24 (-0.24%)
S&P 500   3,666.72 (-0.06%)
DOW   29,969.52 (+0.29%)
QQQ   304.28 (+0.14%)
AAPL   122.94 (-0.11%)
MSFT   214.24 (-0.52%)
FB   281.85 (-1.97%)
GOOGL   1,821.84 (-0.17%)
AMZN   3,186.73 (-0.52%)
TSLA   593.38 (+4.32%)
NVDA   535.84 (-1.10%)
BABA   266.91 (+2.14%)
CGC   28.63 (+1.60%)
GE   10.60 (+1.63%)
MU   69.90 (+1.14%)
AMD   92.31 (-1.53%)
T   29.23 (+0.48%)
NIO   45.35 (-5.48%)
F   9.21 (+0.11%)
ACB   11.24 (+2.65%)
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BA   237.20 (+5.96%)
GILD   60.86 (-0.44%)
DIS   153.24 (-0.24%)
S&P 500   3,666.72 (-0.06%)
DOW   29,969.52 (+0.29%)
QQQ   304.28 (+0.14%)
AAPL   122.94 (-0.11%)
MSFT   214.24 (-0.52%)
FB   281.85 (-1.97%)
GOOGL   1,821.84 (-0.17%)
AMZN   3,186.73 (-0.52%)
TSLA   593.38 (+4.32%)
NVDA   535.84 (-1.10%)
BABA   266.91 (+2.14%)
CGC   28.63 (+1.60%)
GE   10.60 (+1.63%)
MU   69.90 (+1.14%)
AMD   92.31 (-1.53%)
T   29.23 (+0.48%)
NIO   45.35 (-5.48%)
F   9.21 (+0.11%)
ACB   11.24 (+2.65%)
NFLX   497.52 (-1.16%)
BA   237.20 (+5.96%)
GILD   60.86 (-0.44%)
DIS   153.24 (-0.24%)
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SpartanNash Declares Quarterly Dividend of $0.19 (NASDAQ:SPTN)

Saturday, November 21, 2020 | MarketBeat

SpartanNash (NASDAQ:SPTN) declared a quarterly dividend on Friday, November 20th, Zacks reports. Shareholders of record on Thursday, December 10th will be paid a dividend of 0.192 per share on Thursday, December 31st. This represents a $0.77 dividend on an annualized basis and a yield of 4.25%. The ex-dividend date is Wednesday, December 9th.

SpartanNash has raised its dividend payment by 26.7% over the last three years and has increased its dividend annually for the last 1 consecutive years.

Shares of NASDAQ SPTN opened at $18.06 on Friday. SpartanNash has a one year low of $9.00 and a one year high of $23.94. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.56 and a quick ratio of 0.75. The firm's 50 day simple moving average is $19.12 and its two-hundred day simple moving average is $19.46. The stock has a market capitalization of $647.69 million, a P/E ratio of 13.18 and a beta of 0.98.

SpartanNash (NASDAQ:SPTN) last issued its quarterly earnings results on Monday, November 16th. The company reported $0.70 EPS for the quarter, beating analysts' consensus estimates of $0.62 by $0.08. SpartanNash had a net margin of 0.54% and a return on equity of 10.02%. The business had revenue of $2.06 billion for the quarter, compared to analysts' expectations of $2.14 billion. During the same period last year, the business earned $0.30 earnings per share. The business's quarterly revenue was up 3.1% on a year-over-year basis. As a group, equities analysts expect that SpartanNash will post 2.52 earnings per share for the current fiscal year.

Several brokerages have recently issued reports on SPTN. BMO Capital Markets restated a "hold" rating and issued a $23.00 target price on shares of SpartanNash in a report on Friday, August 14th. Jefferies Financial Group reiterated a "hold" rating and set a $20.00 price objective on shares of SpartanNash in a research note on Friday. BidaskClub cut SpartanNash from a "hold" rating to a "sell" rating in a research note on Thursday, September 17th. Wolfe Research assumed coverage on shares of SpartanNash in a report on Friday, October 9th. They issued an "outperform" rating and a $20.00 target price on the stock. Finally, TheStreet upgraded shares of SpartanNash from a "c" rating to a "b" rating in a research note on Wednesday, August 12th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of "Hold" and a consensus target price of $20.50.

About SpartanNash

SpartanNash Company distributes and retails grocery products. It operates in three segments: Food Distribution, Military, and Retail. The Food Distribution segment offers approximately 52,000 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.

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Dividend History for SpartanNash (NASDAQ:SPTN)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]


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