SpartanNash Declares Quarterly Cash Dividend
June 06 2017 - 4:05PM
Business Wire
SpartanNash Company (the “Company”) (Nasdaq: SPTN) today
announced that its Board of Directors has approved a quarterly cash
dividend of $0.165 per common share. The dividend will be paid on
June 30, 2017 to shareholders of record as of June 16, 2017. As of
June 5, 2017 there were 37,846,134 common shares outstanding.
About SpartanNash
SpartanNash (Nasdaq: SPTN) is a Fortune 400 company whose core
businesses include distributing grocery products to independent
grocery retailers, national accounts, its corporate owned retail
stores and U.S. military commissaries. SpartanNash serves customer
locations in 47 states and the District of Columbia, Europe, Cuba,
Puerto Rico, Bahrain and Egypt. SpartanNash currently operates 153
supermarkets, primarily under the banners of Family Fare
Supermarkets, VG’s Food and Pharmacy, D&W Fresh Market, Sun
Mart, and Family Fresh Market. Through its MDV military division,
SpartanNash is the leading distributor of grocery products to U.S.
military commissaries.
Forward-Looking Statements
This press release contains “forward-looking” statements within
the meaning of Section 27A of the Securities Act of 1933, and
Section 21E of the Securities Exchange Act of 1934. Although
SpartanNash expects to continue to pay a quarterly cash dividend,
adoption of a dividend policy does not commit the Board of
Directors to declare future dividends. Each future dividend will be
considered and declared by the Board of Directors at its
discretion. The ability of the Board of Directors to continue to
declare dividends will depend on a number of factors, including
SpartanNash’s future financial condition and profitability and
compliance with the terms of its credit facilities.
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version on businesswire.com: http://www.businesswire.com/news/home/20170606006289/en/
SpartanNash CompanyInvestor Contact:Chris MeyersExecutive Vice
President & CFO(616) 878-8023orMedia Contact:Meredith
GremelVice President Corporate Affairs and Communications(616)
878-2830
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