Dividend Growth of Tractor Supply Company(TSCO)

Tractor Supply Company(TSCO) is having a Dividend Yield of 1.32% with the Annual cash Dividend per share of $0.92. The last quarter cash dividend per share pay out was $0.24. Tractor Supply Company has a 5 year average dividend yield of 0.88% and the stock has a Indicated annual dividend of $0.96. Tractor Supply Company(TSCO) formally announced its most recent dividend on February 14, 2017 with a Dividend per share of $0.24. The new indicated annual dividend based on announced dividend per share is $0.96. The dividend yield based on the forward looking indicated annual dividend is 1.32%. Tractor Supply Company(TSCO) has the most recent dividend payout ratio of 0.29 with a 5-year average payout ratio of 0.25. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.05. The 5 year historical dividend growth of Tractor Supply Company(TSCO) is at the rate of 27.03% while the R-Squared dividend growth is 0.92. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Tractor Supply Company (NASDAQ:TSCO) witnessed a decline in the market cap on Thursday as its shares dropped 2.58% or 1.88 points. After the session commenced at $72.88, the stock reached the higher end at $73.06 while it hit a low of $70.49. With the volume soaring to 3,179,855 shares, the last trade was called at $70.85. The company has a 52-week high of $97.25. The company has a market cap of $9,299 million and there are 131,249,687 shares in outstanding. The 52-week low of the share price is $61.5. Tractor Supply Company has lost 3.66% in the last five trading days and dropped 7.28% in the last 4 weeks. Tractor Supply Company has dropped 1.2% during the last 3-month period . Year-to-Date the stock performance stands at -6.54%.

Currently the company Insiders own 1% of Tractor Supply Company shares according to the proxy statements. Institutional Investors own 86.37% of Tractor Supply Company shares. During last six month period, the net percent change held by insiders has seen a change of 21.61%. Company has reported several Insider transactions to the SEC, on Dec 14, 2016, Anthony F Crudele (EVP Chief Financial Officer) sold 30,000 shares at 76.40 per share price.On Nov 3, 2016, Mark J Weikel (director) purchased 1,000 shares at 66.14 per share price.On Jun 1, 2016, Steve K Barbarick (President & CMO) sold 11,250 shares at 96.59 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Tractor Supply Company was Downgraded by SunTrust to Hold on Feb 3, 2017. Company shares were Upgraded by Wedbush on Jan 13, 2017 to Outperform, Raises Price Target to $ 85 from a previous price target of $65 .Tractor Supply Company was Initiated by Loop Capital to Hold on Jan 4, 2017. Tractor Supply Company was Upgraded by Northcoast to Buy on Nov 30, 2016.

Tractor Supply Company Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.94 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.91. The company had revenue of $1916.54 million for the quarter, compared to analysts expectations of $1866.54 million. The companys revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.82 EPS.

Tractor Supply Company is a specialty retailer which supplies the daily farming and maintenance needs of its target customers: hobby, part-time and full-time farmers and ranchers, as well as rural customers, contractors and tradesmen.


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