Current Yield
2.91%
TTM Dividend/Share
$0.94
Payment Frequency
Quarterly
Payout Ratio
61.0%
Consecutive Growth Years
16 (Dividend Contender)
Key takeaways
- Dividend Contender — Tractor Supply (TSCO) has raised its dividend for 16 consecutive years.
- Tractor Supply (TSCO) currently yields 2.91%, paying $0.94 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 61.0% — the share of earnings distributed as dividends.
- 5 of 8 dividend safety checks passed.
- 5-year dividend CAGR of 25.12%.
Dividend yield valuation for Tractor Supply (TSCO)
Current dividend yield vs its own 1Y / 3Y / 5Y historical averages — a rough valuation signal.
Valuation zone | Above average — potential buy zone |
Current yield (now) | 2.91% |
1-year average yield | 1.79%now 1.12 pp above |
3-year average yield | 1.77%now 1.14 pp above |
5-year average yield | 1.57%now 1.34 pp above |
TSCO: a yield above its history can signal value (or risk); below can signal a rich price. One valuation signal among many — review fundamentals before investing.
Dividend health for Tractor Supply (TSCO)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | 28.0% |
FCF payout ratio | 22.9% |
Net debt / EBITDA | 3.8x |
Interest coverage | 15.88x |
ROIC (TTM) | 10.3% |
Dividend safety score for Tractor Supply (TSCO)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
5 of 8 checks passed
Payout ratio below 75%
Payout ratio is 61.0%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $62M — FCF fully covers the payout.
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
16 consecutive years of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 22.9%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 3.8x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (25.1%) exceeds EPS growth (-5.0%) — payout ratio expanding.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
66 payments from 2010 to 2026 · Adj. Dividend is split-adjusted
| May 27, 2026 | Jun 9, 2026 | $0.2400 | $0.2400 |
| Feb 24, 2026 | Mar 10, 2026 | $0.2400 | $0.2400 |
| Nov 24, 2025 | Dec 9, 2025 | $0.2300 | $0.2300 |
| Aug 25, 2025 | Sep 9, 2025 | $0.2300 | $0.2300 |
| May 28, 2025 | Jun 10, 2025 | $0.2300 | $0.2300 |
| Feb 26, 2025 | Mar 11, 2025 | $0.2300 | $0.2300 |
| Nov 25, 2024 | Dec 10, 2024 | $1.1000 | $0.2200 |
| Aug 26, 2024 | Sep 10, 2024 | $1.1000 | $0.2200 |
| May 24, 2024 | Jun 11, 2024 | $1.1000 | $0.2200 |
| Feb 23, 2024 | Mar 12, 2024 | $1.1000 | $0.2200 |
| Nov 24, 2023 | Dec 12, 2023 | $1.0300 | $0.2060 |
| Aug 25, 2023 | Sep 12, 2023 | $1.0300 | $0.2060 |
- May 27, 2026$0.2400
- Feb 24, 2026$0.2400
- Nov 24, 2025$0.2300
- Aug 25, 2025$0.2300
- May 28, 2025$0.2300
- Feb 26, 2025$0.2300
- Nov 25, 2024$1.1000
- Aug 26, 2024$1.1000
- May 24, 2024$1.1000
- Feb 23, 2024$1.1000
- Nov 24, 2023$1.0300
- Aug 25, 2023$1.0300
Historical dividend yield for Tractor Supply (TSCO)
Mean trailing dividend yield using one ratio snapshot per calendar year.Mean yield1Y: 1.79%5Y: 1.57%10Y: 1.44%
Dividend per share for Tractor Supply (TSCO)
CAGR (per year)1Y: 4.55%5Y: 25.12%10Y: 19.73%→ Stable
| Year | Total ($/share) | Payments |
|---|---|---|
| 2010 | $0.03 | 4 |
| 2011 | $0.04 | 4 |
| 2012 | $0.07 | 4 |
| 2013 | $0.10 | 4 |
| 2014 | $0.12 | 4 |
| 2015 | $0.15 | 4 |
| 2016 | $0.18 | 4 |
| 2017 | $0.21 | 4 |
| 2018 | $0.24 | 4 |
| 2019 | $0.27 | 4 |
| 2020 | $0.30 | 4 |
| 2021 | $0.42 | 4 |
| 2022 | $0.74 | 4 |
| 2023 | $0.82 | 4 |
| 2024 | $0.88 | 4 |
| 2025 | $0.92 | 4 |
| 2026 | $0.48 | 2 |
Dividend growth for Tractor Supply (TSCO)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $0.9200 | — | — |
| 2025 | $0.8800 | $0.9200 | +4.5% |
| 2024 | $0.8240 | $0.8800 | +6.8% |
| 2023 | $0.7360 | $0.8240 | +12.0% |
| 2022 | $0.4160 | $0.7360 | +76.9% |
| 2021 | $0.3000 | $0.4160 | +38.7% |
| 2020 | $0.2720 | $0.3000 | +10.3% |
| 2019 | $0.2400 | $0.2720 | +13.3% |
| 2018 | $0.2100 | $0.2400 | +14.3% |
| 2017 | $0.1840 | $0.2100 | +14.1% |
| 2016 | $0.1520 | $0.1840 | +21.1% |
| 2015 | $0.1220 | $0.1520 | +24.6% |
| 2014 | $0.0980 | $0.1220 | +24.5% |
| 2013 | $0.0720 | $0.0980 | +36.1% |
| 2012 | $0.0430 | $0.0720 | +67.4% |
| 2011 | $0.0280 | $0.0430 | +53.6% |
| 2010 | — | $0.0280 | — |
- 2026—
- 2025$0.9200
- 2024$0.8800
- 2023$0.8240
- 2022$0.7360
- 2021$0.4160
- 2020$0.3000
- 2019$0.2720
- 2018$0.2400
- 2017$0.2100
- 2016$0.1840
- 2015$0.1520
- 2014$0.1220
- 2013$0.0980
- 2012$0.0720
- 2011$0.0430
- 2010$0.0280
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Tractor Supply (TSCO) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation