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

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

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.

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.