TSCO Increases Dividend by 4.3% to $0.96 per Share for 2026

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On February 11, Tractor Supply Company (NASDAQ:TSCO) announced that its Board of Directors increased the annualized dividend by $0.04, or 4.3% year over year, to $0.96 per share for 2026, marking the company’s 17th consecutive year of dividend growth. The Board declared a quarterly cash dividend of $0.24 per share payable on March 10, 2026, to shareholders of record as of February 24, 2026. The Board also appointed Sonia Syngal as an independent director, bringing more than three decades of executive leadership experience at large public companies.

On January 30, Goldman Sachs lowered its price target on Tractor Supply Company (NASDAQ:TSCO) to $59 from $67 while maintaining a Buy rating following fourth-quarter results in which EPS fell short of consensus and 2026 guidance trailed Street expectations. Management cited a pressured consumer backdrop and projected modest same-store sales growth of 1%–3%, supported by initiatives such as Direct Sales, while acknowledging potential volatility from weather and difficult comparisons. Despite near-term headwinds, the company’s consistent dividend growth, targeted strategic initiatives, and resilient rural customer base underpin a durable cash flow profile and provide an attractive entry point for long-term investors.

Founded in 1938 and headquartered in Brentwood, Tennessee, Tractor Supply Company (NASDAQ:TSCO) operates retail stores offering agricultural supplies, lawn and garden equipment, livestock and pet products, and rural lifestyle merchandise. Its niche positioning within rural and semi-rural markets supports customer loyalty and recurring demand for essential goods.

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