SpartanNash Company (the “Company”) (Nasdaq: SPTN) today announced that
its Board of Directors has declared a quarterly cash dividend of $0.135
per common share. The dividend will be paid on September 30, 2015 to
shareholders of record as of September 16, 2015. As of August 27, 2015,
there were 37,564,876 common shares outstanding.
About SpartanNash
SpartanNash (SPTN) is a Fortune 400 company and the largest food
distributor serving U.S. military commissaries and exchanges in the
world, in terms of revenue. The Company's core businesses include
distributing food to military commissaries and exchanges and independent
and corporate-owned retail stores located in 46 states and the District
of Columbia, Europe, Cuba, Puerto Rico, Bahrain and Egypt. SpartanNash
currently operates 165 supermarkets, primarily under the banners of
Family Fare Supermarkets, Family Fresh Markets, D&W Fresh Markets, and
Econofoods.
Forward-Looking Statements
This press release contains "forward-looking" statements within the
meaning of Section 27A of the Securities Act of 1933, and Section 21E of
the Securities Exchange Act of 1934. Although SpartanNash expects to
continue to pay a quarterly cash dividend, adoption of a dividend policy
does not commit the Board of Directors to declare future dividends. Each
future dividend will be considered and declared by the Board of
Directors at its discretion. The ability of the Board of Directors to
continue to declare dividends will depend on a number of factors,
including SpartanNash's future financial condition and profitability and
compliance with the terms of its credit facilities.
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