By Stephen Nakrosis
Food solutions company SpartanNash increased its quarterly dividend 1.1% to 22 cents per share from 21.75 cents.
The Grand Rapids, Mich.-based company said on Tuesday its board approved the increase, which is equal to 88 cents on an annual basis. The revised payout represents a yield of 4.4% based the company's lastest closing share price of $19.81 per share.
The dividend will be payable on April 2 to shareholders of record at the close of business on March 21.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
March 11, 2025 17:46 ET (21:46 GMT)
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