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

Tractor Supply Company (NASDAQ:TSCO) announced a quarterly dividend on Wednesday, August 5th. Shareholders of record on Monday, August 24th will be paid a dividend of 0.24 per share by the specialty retailer on Tuesday, September 8th. This represents a c) annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Monday, August 24th.

Tractor Supply has increased its dividend by an average of 0.3%annually over the last three years and has increased 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. Equities research analysts expect Tractor Supply to earn $2.12 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 45.3%.

Tractor Supply Price Performance

Tractor Supply stock opened at $34.09 on Friday. The stock has a market capitalization of $17.88 billion, a P/E ratio of 17.76, a P/E/G ratio of 10.87 and a beta of 0.47. The company’s fifty day moving average price is $30.77 and its 200 day moving average price is $39.97. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.23 and a current ratio of 1.33. Tractor Supply has a 1 year low of $28.36 and a 1 year high of $62.89.

Tractor Supply (NASDAQ:TSCO) last announced its earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.01). The company had revenue of $4.54 billion during the quarter, compared to analyst estimates of $4.58 billion. Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The firm’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.81 EPS. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. As a group, equities research analysts anticipate that Tractor Supply will post 1.93 earnings per share for the current fiscal year.

Tractor Supply Company Profile

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.