BRENTWOOD, Tenn., Feb. 9, 2012 /PRNewswire/ -- Tractor
Supply Company (Nasdaq: TSCO), the largest retail farm and
ranch store chain in the United
States, today announced that its board of directors declared
a quarterly cash dividend of $0.12
per share of the Company's common stock.
The dividend will be paid on March 13,
2012, to stockholders of record as of the close of business
on February 27, 2012.
About Tractor Supply Company
At December 31, 2011, Tractor
Supply Company operated 1,085 stores in 44 states. The Company's
stores are focused on supplying the lifestyle needs of recreational
farmers and ranchers. The Company also serves the maintenance
needs of those who enjoy the rural lifestyle, as well as tradesmen
and small businesses. Stores are located in towns outlying
major metropolitan markets and in rural communities. The
Company offers the following comprehensive selection of
merchandise: (1) equine, pet and small animal products,
including items necessary for their health, care, growth and
containment; (2) hardware, truck, towing and tool products;
(3) seasonal products, including lawn and garden items, power
equipment, gifts and toys; (4) maintenance products for
agricultural and rural use; and (5) work/recreational clothing
and footwear.
Forward Looking Statements:
As with any business, all phases of the Company's operations are
subject to influences outside its control. This information
contains certain forward-looking statements, including statements
regarding the liquidity and attractiveness of the Company's common
stock. These forward-looking statements are subject to the
safe harbor provisions of the Private Securities Litigation Reform
Act of 1995 and are subject to the finalization of the Company's
quarterly financial and accounting procedures, and may be affected
by certain risks and uncertainties, any one, or a combination, of
which could materially affect the results of the Company's
operations. These factors include general economic conditions
affecting consumer spending, the timing and acceptance of new
products in the stores, the mix of goods sold, purchase price
volatility (including inflationary and deflationary pressures), the
ability to increase sales at existing stores, the ability to manage
growth and identify suitable locations and negotiate favorable
lease agreements on new and relocated stores, the ability to manage
expenses, the availability of favorable credit sources, capital
market conditions in general, failure to open new stores in the
manner currently contemplated, the impact of new stores on our
business, competition, weather conditions, the seasonal nature of
our business, effective merchandising initiatives and marketing
emphasis, the ability to retain vendors, reliance on foreign
suppliers, the ability to attract, train and retain qualified
employees, product liability and other claims, on-going and
potential legal or regulatory proceedings, management of our
information systems, effective tax rate changes and results of
examination by taxing authorities and the ability to maintain an
effective system of internal control over financial reporting.
Forward-looking statements made by or on behalf of the
Company are based on knowledge of its business and the environment
in which it operates, but because of the factors listed above,
actual results could differ materially from those reflected by any
forward-looking statements. Consequently, all of the
forward-looking statements made are qualified by these cautionary
statements and those contained in the Company's Annual Report on
Form 10-K and other filings with the Securities and Exchange
Commission. There can be no assurance that the results or
developments anticipated by the Company will be realized or, even
if substantially realized, that they will have the expected
consequences to or effects on the Company or its business and
operations. Readers are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the
date hereof. The Company does not undertake any obligation to
release publicly any revisions to these forward-looking statements
to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events.
SOURCE Tractor Supply Company