Tractor Supply Dividend Increase
On 13 February, Tractor Supply (TSCO) increased its dividend by 4.55%, from 22¢ to 23¢ per share.
The dividend is payable on 11 March to shareholders of record on 26 February.
TSCO contribution to DivGro’s projected annual dividend income will increase by $15 to $345.
I own 375 TSCO shares at an average cost of $41.22 per share. Following this increase, my yield on cost is 2.23%. (TSCO’s forward yield is 1.61% at $57.27 per share.)
Since opening my position in September 2023, the stock has generated a total return of 42%, including $407.25 in dividend income. That’s a spectacular annualized rate of return of 28.2%!
5-Year History of Dividend Payouts by Ex-Date
| 2020 | 2021 | 2022 | 2023 | 2024 | • | 2025 |
| $0.300 | $0.416 | $0.736 | $0.824 | $0.880 | ⬆ | $0.920✝ |
| 10.29% | 38.67% | 76.92% | 11.96% | 6.80% | ⬇ | 4.55% |
| 5-year DGR: | 26.47% | ⬇ | 25.12% | |||
✝projected, assuming no further changes
