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The portfolio of stocks I started building on September 8, at a one stock per week pace for the next year, is named Vista. I will select its twelfth stock this weekend. Vista is the sixth portfolio I've built (at a one dividend dog per-week pace) since 2014. Six portfolios = VI for Vista!

Vista is planned to Look Ahead for Outstanding, Proven, Dividend Winners. (Like Aristocrats)

Today I'll review the third of five consumer defensive sector stock candidates vying to be that thirteenth selection in the Vista portfolio.

My subject today is a small-cap food distribution company named Spartan Nash Co. Its trading ticker symbol is SPTN. This is my first report on Spartan Nash Co for Vista but I reviewed and selected it as my 18th pick for my Volio DOTW portfolio.

SpartanNash Company is a multi-regional grocery distributor and retailer. The company operates in the United States and is segmented into Military, Food Distribution, and Retail. 

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, driving the revenue streams for the company. Its retail division consists of supplying both independent grocery retailers and owned retail stores.

SpartanNash Company also markets and distributes private brand items primarily under the Our Family, Open Acres, Good to Go!, Nash's Coffee, Crav'n Flavor, Culinary Tours, Top Care, Tippy Toes, Full Circle Market, Culinary Tours, PAWS Happy Life, Pure Harmony, Red Button Vintage Creamery, Stoked, and That's Smart! brands. 

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.

I use three key data points to gauge dividend equities or funds like Spartan Nash Co:

(1) Price

(2) Dividends

(3) Returns

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

SPTN Price

Spartan's price per share closed at $19.73 today. A year ago its price was $14.19. Price is up  $5.54 or over 39% on the year.

If Spartan's stock trades in the range of $10 to $24 this next year, its recent $19.73 price might rise by $2.27 to reach $22.00 by December 2, 2021. 

SPTN Dividends

Spartan's most recently declared quarterly dividend was $0.1925 payable December 31st. Dividends are estimated to total $0.77 per share annually and yield 3.90% at yesterday's $19.73 closing price.

SPTN Gains?

Adding the $0.77 annual anticipated dividend to my $2.27 optimistic estimate of Spartan Nash Co's price upside shows a $3.04 potential gross gain, per share, to be reduced by any costs to trade the shares.  

Put little over $1,000.00 today in Spartan Nash Co at $19.73 and we would buy 51 shares of SPTN stock.

A $10 broker fee (if any) paid half at purchase and half at sale could cost us   $0.20 per share.

Subtract that maybe $0.20 brokerage cost from my estimated  $3.04 gross gain per share results in a net gain of $2.84 X 51 shares = $143.31 for a 14.3% net gain on a $1,006.23 investment.

So it goes that Spartan Nash Co shows a possible 14.3% net gain including a 3.90% dividend yield. It could be more, it could be less.

All of the estimates above are speculation based on the past history of  Spartan Nash Co. Only time and money invested in this stock will determine its worth.