SpartanNash Announces 9% Increase in Quarterly Cash Dividend

GRAND RAPIDS, Mich.--(BUSINESS WIRE)-- SpartanNash Company (the “Company”) (Nasdaq: SPTN) today announced that its Board of Directors has approved an increase to its quarterly cash dividend from $0.165 per common share to $0.18 per common share. The dividend will be paid on March 29, 2018 to shareholders of record as of March 16, 2018. As of February 28, 2018, there were 36,048,591 common shares outstanding.

About SpartanNash

SpartanNash (Nasdaq: SPTN) is a Fortune 350 company whose core businesses include distributing grocery products to independent grocery retailers, select national accounts, its corporate owned retail stores and U.S. military commissaries and exchanges. SpartanNash serves customer locations in 47 states and the District of Columbia, Europe, Cuba, Puerto Rico, Italy, Bahrain, Djibouti and Egypt. As of today, SpartanNash currently operates 143 supermarkets, primarily under the banners of Family Fare Supermarkets, D&W Fresh Market, VG’s Grocery, Dan’s Supermarket and Family Fresh Market. Through its MDV military division, SpartanNash is a leading distributor of grocery products to U.S. military commissaries.

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Investor Contacts:
SpartanNash Company
Mark Shamber, (616) 878-8023
Chief Financial Officer and Executive Vice President
or
ICR
Katie Turner, (646) 277-1228
Partner
or
Media Contact:
SpartanNash Company
Meredith Gremel, (616) 878-2830
Vice President Corporate Affairs and Communications

Source: SpartanNash Company

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