SpartanNash Co., known by the ticker symbol SPTN, is a small cap food distribution company in the consumer defensive business sector. This is my first report on SPTN for my Viital stock portfolio It was the forty-seventh selection for my Vista portfolio number 5 as of July 27, this year.

SpartanNash Co. is a multi-regional grocery distributor and retailer. The company operates in the United States and is segmented into thirds: (1) Military, (2) Food Distribution, and (3) Retail. 

Image Source: Pexels

Its Military segment consists of the distribution of products to The United States military commissaries, which provide food to active-duty, guard, reserve, or retired members of the military at discounted prices. 

The Food distribution segment proves to be the principal division, deriving the revenue streams for the company. Its retail division consists of supplying both independent grocery retailers and owned retail stores.

As of March 11, 2021, it operated 154 supermarkets, primarily under the banners of Family Fare, Martin's Super Markets, D&W Fresh Market, VG's Grocery, and Dan's Supermarket. 

SpartanNash Company also markets and distributes private brand items primarily under the Our Family brand name. 

The company was formerly known as Spartan Stores, Inc. and changed its name to SpartanNash Company in November 2013. 

SpartanNash Company was founded in 1917 and is headquartered in Grand Rapids, Michigan.

Three key data points gauge any dividend equity or fund such as SpartanNash Co. (SPTN):

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money. 

SPTN Price

SpartanNash's price per share was $25.25 as of yesterday's market close. One year ago its price was $18.81. So, SPTN's share price increased just over 34% in the past year.

If SpartanNash's stock trades in the range of $16.00 to $30.00 this next year, its recent $25.25 share price could rise by $3.25 to reach $28.50 by November 17, 2022. My estimate is a little over half the annual price increase managed by SPTN In the past year.

SPTN Dividends

SpartanNash's most recently announced quarterly dividend of  $0.20 was paid out on September 30th. The compounded annual payout of $0.80 yields 3.17% based on yesterday's $25.25 closing price. SpartanNash Co has paid quarterly dividends increasing generally annually since March 2006: That was 15 years of increasing payouts as of last March. 

SPTN Returns

Adding the $0.80 annual estimated SPTN forward-looking dividend to my $3.25 price upside estimate shows a $4.05 potential gross gain, per share, to be reduced by any costs to trade SPTN shares.  

At yesterday's $25.25 price per share, a little over $1000 would buy 40 shares.

A $10 broker fee (if charged) would be paid half at purchase and half at sale and might cost us $0.25 per share.

Subtract that maybe $0.25 brokerage cost from my estimated $4.05 gross gain per share results in a net gain of $3.80 X 40 shares = $152.00 for a 15.2% net gain on a $1,010.00 investment.

So it is that SpartanNash Co. (SPTN) shows a possible 15.2% net gain including a 3.17% forward estimated dividend yield. 

Over the next year at this time, a $1000 investment in SpartanNash Co. (SPTN) could generate $31.70 in cash dividends alone. Note that a single share of SPTN bought at yesterday's closing price was $25.25! Thus, SpartanNash Co (SPTN) share price is $6.45 less than the dividend income from $1000.00 invested. Thus, according to my dogcatcher ideal, now is a prime time to pick up SPTN shares. The estimated next-year dividend from $1k invested is over $6 greater than the single share price. Consider yourself alerted. It's a sign!  

All of the estimates above are speculation based on the past history of SpartanNash Co. (SPTN). Only time and money invested in this stock will determine its market value.