Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Plans $0.12 Quarterly Dividend

Key Points

• Natural Grocers by Vitamin Cottage, Inc. has declared a quarterly dividend of $0.12 per share, payable on September 17th to stockholders of record on September 2nd, resulting in an annualized yield of 1.3%.
• The company reported $0.50 earnings per share for the recent quarter, with a return on equity of 23.27% and a net margin of 3.18%.
• Natural Grocers' stock has experienced fluctuations, showing a twelve-month low of $22.52 and a high of $61.22, currently trading at $36.74.

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Get Free Report) announced a quarterly dividend on Thursday, August 7th, RTT News reports. Stockholders of record on Tuesday, September 2nd will be paid a dividend of 0.12 per share by the specialty retailer on Wednesday, September 17th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%.

Natural Grocers by Vitamin Cottage has a dividend payout ratio of 23.0% meaning its dividend is sufficiently covered by earnings.

Natural Grocers by Vitamin Cottage Price Performance

NGVC traded down $1.84 on Thursday, reaching $36.74. 315,648 shares of the company's stock were exchanged, compared to its average volume of 197,171. The stock has a market cap of $842.38 million, a PE ratio of 20.64 and a beta of 1.44. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.97 and a quick ratio of 0.23. Natural Grocers by Vitamin Cottage has a twelve month low of $22.52 and a twelve month high of $61.22. The stock's fifty day moving average price is $40.73 and its 200-day moving average price is $43.51.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The specialty retailer reported $0.50 earnings per share (EPS) for the quarter. Natural Grocers by Vitamin Cottage had a return on equity of 23.27% and a net margin of 3.18%. Sell-side analysts expect that Natural Grocers by Vitamin Cottage will post 1.61 EPS for the current year.

Natural Grocers by Vitamin Cottage Company Profile

Natural Grocers by Vitamin Cottage, Inc, together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company's stores offer natural and organic grocery products, such as organic produce; private label repackaged bulk products, including dried fruits, nuts, grains, granolas, teas, herbs, and spices, as well as peanut and almond butters; private label products comprising grocery staples, household products, bulk foods, and vitamins and dietary supplements, as well as organic eggs, organic flavored coffee, and organic mustard; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products.

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