Tuesday Is Your Last Chance To Buy SpartanNash Before The Dividend Payout


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Tuesday marks the last chance for investors to receive the next dividend payout from SpartanNash (NASDAQ:SPTN).

What's Happening

The company announced on Wednesday that it would pay shareholders a quarterly dividend of 21.75 cents per share. On Wednesday, SpartanNash will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 21.75 cents lower than it would have opened on any other day.

In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own SPTN as of the end of Tuesday's session are eligible to receive the 21.75 cents dividend payout for every share that they own.

According to the company, this dividend will be paid out to shareholders on March 28, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.

Monitor live stock price updates for SpartanNash on Benzinga.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: DividendsBZI-ExDiv