Tractor Supply Company (NASDAQ:TSCO) Announces Quarterly Dividend of $0.24

Tractor Supply Company (NASDAQ:TSCO) announced a quarterly dividend on Thursday, May 14th. Shareholders of record on Wednesday, May 27th will be given a dividend of 0.24 per share by the specialty retailer on Tuesday, June 9th. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date is Wednesday, May 27th.

Tractor Supply has raised its dividend by an average of 0.3%annually over the last three years and has raised its dividend annually for the last 16 consecutive years. Tractor Supply has a dividend payout ratio of 41.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Tractor Supply to earn $2.35 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 40.9%.

Tractor Supply Stock Performance

NASDAQ TSCO opened at $30.49 on Friday. The company has a current ratio of 1.38, a quick ratio of 0.16 and a debt-to-equity ratio of 0.86. The firm’s fifty day moving average price is $42.40 and its two-hundred day moving average price is $49.26. Tractor Supply has a 1 year low of $29.42 and a 1 year high of $63.99. The firm has a market capitalization of $15.99 billion, a P/E ratio of 14.95, a price-to-earnings-growth ratio of 1.72 and a beta of 0.51.

Tractor Supply (NASDAQ:TSCO) last posted its quarterly earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.04). Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The firm had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $3.64 billion. During the same period last year, the company posted $0.34 earnings per share. The business’s revenue was up 3.6% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. As a group, research analysts anticipate that Tractor Supply will post 2.14 EPS for the current year.

About Tractor Supply

Tractor Supply Company (NASDAQ: TSCO) is a specialty retailer focused on products for the home, farm, ranch and outdoors. The company operates a network of physical retail locations complemented by an e-commerce platform, offering a one-stop source of supplies and equipment for customers with rural and suburban lifestyles. Its merchandise assortment targets a range of needs, from animal and livestock care to maintenance, outdoor power equipment, and seasonal products.

Product categories include animal feed and supplies, pet products, fencing and fencing supplies, equine equipment, lawn and garden tools, work clothing and footwear, and small agricultural and outdoor power equipment.