Tractor Supply (TSCO) Raises Quarterly Dividend 12% to $1.03; 1.8% Yield

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Tractor Supply Company Announces 12 Percent Increase in Quarterly Dividend

February 8, 2023 5:02 PM EST

BRENTWOOD, Tenn.--(BUSINESS WIRE)-- Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, today announced that its Board of Directors declared a quarterly cash dividend of $1.03 per share of the Companys common stock. This represents an increase of 12 percent versus the prior quarterly dividend rate of $0.92 per share.

Todays announcement marks the 14th consecutive year of increasing dividend payouts by Tractor Supply. This increase demonstrates the Boards confidence in our Life Out Here strategy and strong cash flow generation, as we... More