dividend
confidence high
sentiment positive
materiality 0.55
Tractor Supply raises dividend 4.5% to $0.23/qtr, boosts buyback authorization by $1B
TRACTOR SUPPLY CO /DE/
- Quarterly dividend declared: $0.23 per share ($0.92 annualized), payable March 11, 2025 to holders of record Feb 26.
- Dividend increase of 4.5% year-over-year; marks 16th consecutive year of dividend growth.
- Board authorized $1.0B increase to share repurchase program, bringing total authorization to $7.5B.
- Since program inception in 2007, company has repurchased 357.4M shares for ~$6.03B (as of Dec 28, 2024).