Tractor Supply Company Declares Quarterly Dividend of $0.24 (NASDAQ:TSCO)

Posted by Stanley Muller on May 14th, 2026

Tractor Supply Company (NASDAQ:TSCO – Get Free Report) declared a quarterly dividend on Thursday, May 14th. Shareholders of record on Wednesday, May 27th will be paid a dividend of 0.24 per share by the specialty retailer on Tuesday, June 9th. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Wednesday, May 27th.

Tractor Supply has increased its dividend by an average of 0.3%per year over the last three years and has increased its dividend every year for the last 16 years. Tractor Supply has a dividend payout ratio of 41.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Tractor Supply to earn $2.35 per share next year, which means the company should continue to be able to cover its $0.96 annual dividend with an expected future payout ratio of 40.9%.

Tractor Supply Price Performance

Tractor Supply stock traded up $0.64 during midday trading on Thursday, reaching $30.49. 10,244,559 shares of the company were exchanged, compared to its average volume of 8,435,838. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.16 and a current ratio of 1.38. Tractor Supply has a 1 year low of $29.42 and a 1 year high of $63.99. The company has a market capitalization of $15.99 billion, a price-to-earnings ratio of 14.95, a P/E/G ratio of 1.76 and a beta of 0.51. The firm’s 50-day simple moving average is $42.82 and its 200-day simple moving average is $49.44.

Tractor Supply (NASDAQ:TSCO – Get Free Report) last issued its earnings results on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.04). Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The company had revenue of $3.59 billion during the quarter, compared to analyst estimates of $3.64 billion. During the same period in the prior year, the business earned $0.34 earnings per share. Tractor Supply’s quarterly revenue was up 3.6% on a year-over-year basis. Tractor Supply has set its FY 2026 guidance at 2.130-2.230 EPS. On average, analysts anticipate that Tractor Supply will post 2.14 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Piper Sandler downgraded shares of Tractor Supply from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $51.00 to $36.00 in a research note on Tuesday, May 5th. Evercore reduced their price objective on shares of Tractor Supply from $55.00 to $50.00 and set an “outperform” rating for the company in a research note on Thursday, April 23rd. Bank of America assumed coverage on shares of Tractor Supply in a research note on Tuesday, April 7th. They issued a “neutral” rating and a $47.00 price objective on the stock. JPMorgan Chase & Co. dropped their price objective on Tractor Supply from $55.00 to $48.00 and set a “neutral” rating for the company in a report on Wednesday, April 22nd. Finally, Argus reduced their price target on Tractor Supply from $64.00 to $50.00 and set a “buy” rating for the company in a research report on Monday, April 27th. Fourteen equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat.com, Tractor Supply has a consensus rating of “Moderate Buy” and an average price target of $47.38.

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Tractor Supply Company Profile

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Tractor Supply Company (NASDAQ: TSCO) is a specialty retailer focused on products for the home, farm, ranch and outdoors. The company operates a network of physical retail locations complemented by an e-commerce platform, offering a one-stop source of supplies and equipment for customers with rural and suburban lifestyles. Its merchandise assortment targets a range of needs, from animal and livestock care to maintenance, outdoor power equipment, and seasonal products.

Product categories include animal feed and supplies, pet products, fencing and fencing supplies, equine equipment, lawn and garden tools, work clothing and footwear, and small agricultural and outdoor power equipment.