Spartan Stores (SPTN) Declares $0.05 Dividend; 1.3% Yield

October 16, 2009 2:53 PM EDT

Spartan Stores, Inc., (NASDAQ: SPTN) today announced that its Board of Directors declared a quarterly cash dividend of $0.05 per common share, or $0.20 annualized.

The dividend is payable on December 15, 2009 to shareholders of record as of the close of business on December 1, 2009. Ex-dividend is November 27, 2009.

The dividend yield is 1.3%

Spartan Stores, Inc. operates as a grocery distributor and grocery retailer principally in Michigan and Indiana.


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