Tractor Supply Company recently announced its quarterly dividend, with an ex-dividend date set for May 28, 2025. Shareholders of record as of this date will receive a dividend of $0.230 per share, payable on Jun 10, 2025. This payout remains consistent with the previous dividend paid on Mar 11, 2025, also at $0.230 per share. However, it is lower than the average of the last ten dividends, which stands at $0.400 per share. The dividend type remains a cash dividend.
Recently,
has been navigating through several developments. Over the past week, the company has seen fluctuations in its stock performance. The shares have experienced an 11.4% decline over the past three months, underperforming the broader retail sector. Market analysts have noted this trend and have provided insights into the potential causes, including broader market conditions and specific company challenges.
Additionally, in the latest update, Tractor Supply announced its participation in the Baird 2025 Global Consumer Conference. As of Mar 29, 2025, the company operated 2,311 stores across 49 states, along with 206 Petsense stores in 23 states. This expansion underscores the company's strategic efforts to bolster its market presence.
As of late, financial analysts have revised their outlook on Tractor Supply. A recent report indicates an adjustment in the price target from $61.00 to $57.00, with an "outperform" rating, reflecting a nuanced view of the company's financial health and market conditions. This revision highlights the company's fundamentals, including its revenue streams and operational efficiencies, as it adapts to the evolving retail landscape.
In conclusion, Tractor Supply is navigating a complex market environment with strategic initiatives and a steady dividend policy. It is important for investors to note that May 28, 2025, is the ex-dividend date, marking the last opportunity to purchase shares and receive the upcoming dividend. Any acquisitions made after this date will not be eligible for this dividend distribution.
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