SpartanNash - SPTN - my small-cap dividend investment

SpartanNash - SPTN


  • Beaten down (down 45% over last 52 weeks)
  • Forward P/E ratio of 7.73
  • Dividend rate of 3.92%
  • S&P SmallCap 600 component
  • History: It is an American food distributor and grocery store retailer headquartered in Byron Center, Michigan. In terms of revenue, it is the largest food distributor serving military commissaries and exchanges in the United States. The Company’s core businesses include distributing food to military commissaries, independent grocers, and corporate-owned retail stores in 44 states, Europe, Latin America, and the Middle East. SpartanNash operates 167 retail stores. In 2013, Spartan Stores and Nash Finch merged and formed SpartanNash company. They supply groceries to stores in 44 states, seven countries and to many of our US military commissaries and exchanges
Comment: My oldest son is an accountant there.

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