Tractor Supply Company (NASDAQ:TSCO) is included among the 10 Best S&P 500 Dividend Stocks to Invest in.
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Tractor Supply Company (NASDAQ:TSCO) stands as the largest rural lifestyle retailer in the US, catering to the daily needs of hobby farmers, ranchers, pet owners, and homeowners. A key strength for investors is its focus on high-frequency categories such as pet food and animal feed, essentials that bring customers back on a regular basis.
Tractor Supply Company (NASDAQ:TSCO)’s performance has been improving, creating an attractive entry point into a business that demonstrates consistent resilience year after year. There are several positives at play: same-store sales are on the rise, management is forecasting an even stronger second half, and the dividend still has ample room for growth. Coupled with a fair valuation for such a steady operator, the stock offers a favorable risk-reward balance.
In addition, Tractor Supply Company (NASDAQ:TSCO) is a solid dividend company, having raised its payouts for 16 consecutive years. The company offers a quarterly dividend of $0.23 per share and has a dividend yield of 1.54%, as recorded on September 21.
While we acknowledge the potential of TSCO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None.