Ingles Markets, Incorporated to Issue Quarterly Dividend of $0.17 (NASDAQ:IMKTA)

Key Points

• Ingles Markets, Incorporated has announced a quarterly dividend of $0.17 per share, payable on October 16th to investors of record on October 9th.
• The stock opened at $69.56, with a market capitalization of $1.32 billion and a price-to-earnings ratio of 23.42.
• In its recent earnings report, Ingles Markets reported earnings per share (EPS) of $1.38 and a net margin of 1.05%.

Ingles Markets, Incorporated (NASDAQ:IMKTA - Get Free Report) announced a quarterly dividend on Monday, September 29th, RTT News reports. Investors of record on Thursday, October 9th will be paid a dividend of 0.165 per share on Thursday, October 16th. This represents a c) dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Thursday, October 9th.

Ingles Markets Stock Up 1.2%

Shares of IMKTA stock opened at $69.56 on Tuesday. Ingles Markets has a twelve month low of $58.92 and a twelve month high of $75.63. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.53 and a current ratio of 3.14. The stock's 50 day simple moving average is $66.62 and its 200 day simple moving average is $64.24. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of 23.42 and a beta of 0.77.

Ingles Markets (NASDAQ:IMKTA - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $1.38 earnings per share (EPS) for the quarter. Ingles Markets had a net margin of 1.05% and a return on equity of 3.60%.

Ingles Markets Company Profile

Ingles Markets, Incorporated, together with its subsidiaries, operates a chain of supermarkets in the southeast United States. It offers food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items.

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