Tractor Supply declares quarterly dividend of $0.23 per share

BRENTWOOD, Tenn. - Tractor Supply Company (NASDAQ:TSCO), a $32 billion market cap retailer, announced Thursday that its Board of Directors has declared a quarterly cash dividend of $0.23 per share of common stock. According to InvestingPro data, the company has consistently raised its dividend for 15 consecutive years, with a current yield of 1.53%.

The dividend will be paid on September 9, 2025, to stockholders of record as of the close of business on August 25, 2025, according to a company press release. The company maintains a Good financial health score on InvestingPro, with strong cash flows to support its dividend payments.

Tractor Supply, which describes itself as the largest rural lifestyle retailer in the United States, operates 2,335 stores across 49 states as of June 28, 2025. The Fortune 500 company, ranked 296, also owns Petsense by Tractor Supply with 207 locations in 23 states, as well as online pet pharmacy Allivet.

The company has been in operation for more than 85 years, focusing on serving recreational farmers, ranchers, homeowners, gardeners and pet enthusiasts.

In other recent news, Tractor Supply Company reported second-quarter results that surpassed expectations, despite a delay in seasonal demand due to a late spring. The company also became the exclusive national retailer for SmartEquine’s SmartPaks, offering a range of pre-measured equine health supplements both in-store and online. Analysts have responded positively to these developments, with Piper Sandler raising its price target for Tractor Supply to $67, citing strong quarterly results. DA Davidson also increased its price target to $70, highlighting an acceleration in comparable sales throughout the quarter. Evercore ISI raised its target to $65, noting a 1.5% increase in comparable sales, which exceeded Wall Street expectations. BofA Securities upgraded Tractor Supply to a Buy rating, anticipating that deflationary pressures will ease and benefit the company in the coming years. These actions reflect a generally optimistic outlook among analysts regarding Tractor Supply’s recent performance and future prospects.

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