GRAND RAPIDS, Mich., March 3, 2023 /PRNewswire/ — Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) today announced that on March 1, 2023, its Board of Directors approved a quarterly cash dividend of $0.215 per common share, representing a 2.4% increase from its fiscal 2022 quarterly cash dividend of $0.21. The dividend will be paid on March 31, 2023, to shareholders of record as of the close of business on March 17, 2023. As of February 28, 2023, there were 35,061,566 common shares outstanding.
About SpartanNash
SpartanNash (Nasdaq: SPTN) is a food solutions company that delivers the ingredients for a better life. As a distributor, wholesaler and retailer with a global supply chain network, SpartanNash customers span a diverse group of national accounts, independent and chain grocers, e-commerce retailers, U.S. military commissaries and exchanges, and the Company’s own brick-and-mortar grocery stores, pharmacies and fuel centers. SpartanNash distributes grocery and household goods, including fresh produce and its Our Family® portfolio of products, to locations in all 50 states, in addition to distributing to the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Iraq, Kuwait, Bahrain, Qatar, Djibouti, Korea and Japan. To support its distribution business, the Company operates a strategically developed network of large-scale distribution facilities and a nationwide transportation fleet. In addition, the Company owns and operates 147 supermarkets – primarily under the banners of Family Fare, Martin’s Super Markets and D&W Fresh Market – and shares its operational insights to drive innovative solutions for SpartanNash food retail customers. Committed to fostering a People First culture, the SpartanNash family of Associates is 17,500 strong and growing. For more information, visit spartannash.com.
MEDIA CONTACT:
Adrienne Chance
SVP, Communications
SpartanNash
[email protected]
INVESTOR CONTACT:
Kayleigh Campbell
Head of Investor Relations
[email protected]
SOURCE SpartanNash
Originally published at https://www.prnewswire.com/news-releases/spartannash-increases-quarterly-cash-dividend-301761474.html
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