GRAND RAPIDS, Mich.- Spartan Stores here said last week that its board of directors has approved a plan to begin paying a quarterly cash dividend - albeit a smaller one than Spartan's largest shareholder had demanded. A quarterly dividend of 5 cents per common share will commence during Spartan's fiscal fourth quarter, which begins next month, the company said. Spartan had not paid a dividend in fiscal 2003, 2004 or 2005, saying it would use its cash flow to fund business improvements, make ...
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