Tractor Supply Company Announces 12 Percent Increase in Quarterly Dividend

Tractor Supply Company, the largest rural lifestyle retailer in the United States, today announced that its Board of Directors declared a quarterly cash dividend of $1.03 per share of the Company’s common stock. This represents an increase of 12 percent versus the prior quarterly dividend rate of $0.92 per share.

“Today’s announcement marks the 14th consecutive year of increasing dividend payouts by Tractor Supply. This increase demonstrates the Board’s confidence in our Life Out Here strategy and strong cash flow generation, as we continue to invest for future growth while returning capital to shareholders,” said Cynthia Jamison, Tractor Supply’s Chairman of the Board.

The dividend will be paid on March 14, 2023 to stockholders of record of the Company’s common stock as of the close of business on Feb. 27, 2023.