Who Is the Owner of Fred's Super Dollar Stores?


Quick Answer

The Fred's Super Dollar chain is a publicly listed company, so it does not have one owner. There are over 36 million shares outstanding as at January 2015. The company is run by a board of directors which is headed by the chairman, Michael J. Hayes.

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Full Answer

Fred's has over 700 stores, and the company's shares are traded on the NASDAQ stock exchange. The stock symbol for the company is FRED, and the shares pay a cash dividend every quarter to its shareholders. Share declarations are made in February, May, August and November, and they occur around the 20th of those months.

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