Tractor Supply Company (TSCO) Dividend History
Income profile from 2010 to 2026 with payout safety and yield-on-cost trend
3-Second Income Check
Safety
44.5% payout ratio with sustainable safety profile.
Consistency
16 straight years of dividend increases.
Income Trend
Yield on cost is 3.3% and trend is rising.
Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (17 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Tractor Supply Company distributes 44.5% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 65.9%, rated "Adequate".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
TSCO has raised its dividend for 16 consecutive years, with a 3-year CAGR of 7.7% and 5-year CAGR of 25.1%.
Total Shareholder Returns
Beyond cash dividends, TSCO returns capital through share repurchases. The combined picture: 1.8% dividend yield, 1.3% buyback yield, 3.1% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.3% and is currently rising. The 5-year total return is 71.5%, with dividends contributing 12.0% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $33,721 today.
Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Feb 24, 2026Latest | $0.2400 | ↑ +4.3% | 1.75% | Mar 10, 2026 |
| Nov 24, 2025 | $0.2300 | — | 1.73% | Dec 9, 2025 |
| Aug 25, 2025 | $0.2300 | — | 1.48% | Sep 9, 2025 |
| May 28, 2025 | $0.2300 | — | 1.83% | Jun 10, 2025 |
| Feb 26, 2025 | $0.2300 | ↑ +4.5% | 1.61% | Mar 11, 2025 |
| Nov 25, 2024 | $0.2200 | — | 1.54% | Dec 10, 2024 |
| Aug 26, 2024 | $0.2200 | — | 1.59% | Sep 10, 2024 |
| May 24, 2024 | $0.2200 | — | 1.51% | Jun 11, 2024 |
Annual Dividend History
34 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.24 | — | 1 | — | — | — | 0.9% |
| 2025 | $0.92 | 4.5% | 4 | $2.06 | 44.7% | 2.24x | 3.3% |
| 2024 | $0.88 | 6.8% | 4 | $2.04 | 43.1% | 2.32x | 3.1% |
| 2023 | $0.82 | 12.0% | 4 | $2.02 | 40.8% | 2.45x | 2.9% |
| 2022 | $0.74 | 76.9% | 4 | $1.94 | 37.9% | 2.64x | 2.6% |
| 2021 | $0.42 | 38.7% | 4 | $1.72 | 24.2% | 4.14x | 1.5% |
| 2020 | $0.30 | 10.3% | 4 | $1.28 | 23.5% | 4.25x | 1.1% |
| 2019 | $0.27 | 13.3% | 4 | $0.93 | 29.2% | 3.43x | 1.0% |
| 2018 | $0.24 | 14.3% | 4 | $0.86 | 27.8% | 3.59x | 0.9% |
| 2017 | $0.21 | 14.1% | 4 | $0.66 | 31.8% | 3.14x | 0.8% |
See TSCO's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does TSCO pay per share?
Tractor Supply Company (TSCO) pays a trailing 12-month dividend of $0.92 per share, with a current dividend yield of +1.8%. Payments are made Annual.
When is TSCO's next ex-dividend date?
TSCO's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. TSCO typically pays dividends Annual.
Is TSCO's dividend safe?
TSCO's dividend safety is rated "Sustainable" based on an earnings payout ratio of +44.5% and FCF payout ratio of +65.9%. With 16 consecutive years of dividend growth, the track record supports sustainability.
Is TSCO a Dividend Achiever?
Yes, Tractor Supply Company is classified as a Dividend Achiever with 16 consecutive years of dividend increases. The 5-year dividend CAGR is +25.1%, demonstrating above-inflation dividend growth.
How often does TSCO pay dividends?
Tractor Supply Company pays dividends Annual. The trailing 12-month total is $0.92 per share. Dividend data on this page covers 16+ years from 2010 to 2026.
How much would $10,000 invested in TSCO grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in TSCO five years ago would be worth approximately $17,149 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is TSCO's yield on cost for long-term holders?
TSCO's yield on cost — the current dividend divided by the original purchase price — is +3.3% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.8% market yield, thanks to consistent dividend growth.