SpartanNash (SPTN) recently announced a dividend of $0.220 per share, set with an ex-dividend date on Jun 13, 2025, and a payment date on Jun 30, 2025. This dividend is consistent with the company's previous payout of $0.220 per share on Apr 2, 2025, and represents a significant increase compared to the average dividend of $0.130 per share over the last 10 instances. The dividend type is cash dividend, reflecting the company's ongoing commitment to return value to shareholders.
Recently, analysts have upgraded SpartanNash's stock rating to a BUY, setting a target price of $20.00. This reflects a positive outlook for the company, bolstered by an increased industry subrating. Over the past week,
Asset Management Americas LLC has raised its stake in
, demonstrating confidence in its future prospects. This move could signal strong institutional support and potential growth. Additionally, earnings for SpartanNash are forecasted to grow modestly, indicating stable financial health and operational efficiency.
As of late, SpartanNash's stock has experienced fluctuations, recently gaining 1.52% to reach $18.72 on Jun 9, 2025. Despite a slight downturn over the past fortnight, the stock remains a hold/accumulate candidate due to potential for recovery. Analysts emphasize watching the stock closely as it nears support levels, suggesting buying opportunities may arise.
In conclusion, the ex-dividend date for SpartanNash is Jun 13, 2025. Investors should note this date as the final opportunity to purchase shares and receive the current dividend. Any acquisitions made after this date will not qualify for the upcoming dividend payout.
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