Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Announces $0.10 Quarterly Dividend

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Get Free Report) declared a quarterly dividend on Thursday, May 9th, Wall Street Journal reports. Investors of record on Monday, June 3rd will be given a dividend of 0.10 per share by the specialty retailer on Wednesday, June 19th. This represents a $0.40 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date of this dividend is Monday, June 3rd.

Natural Grocers by Vitamin Cottage has increased its dividend payment by an average of 12.6% per year over the last three years. Natural Grocers by Vitamin Cottage has a dividend payout ratio of 28.0% meaning its dividend is sufficiently covered by earnings.

Natural Grocers by Vitamin Cottage Price Performance

NGVC stock traded up $1.69 during mid-day trading on Friday, hitting $19.52. 161,317 shares of the stock were exchanged, compared to its average volume of 41,444. The business has a fifty day moving average price of $17.06 and a 200 day moving average price of $15.92. Natural Grocers by Vitamin Cottage has a 12 month low of $10.39 and a 12 month high of $20.72. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.90 and a quick ratio of 0.17. The stock has a market capitalization of $444.08 million, a price-to-earnings ratio of 16.68 and a beta of 1.17.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last released its earnings results on Thursday, May 9th. The specialty retailer reported $0.35 earnings per share for the quarter. Natural Grocers by Vitamin Cottage had a return on equity of 16.69% and a net margin of 2.29%. The company had revenue of $308.09 million during the quarter. During the same quarter in the previous year, the firm earned $0.29 EPS. On average, sell-side analysts anticipate that Natural Grocers by Vitamin Cottage will post 1.07 EPS for the current year.

Insider Activity at Natural Grocers by Vitamin Cottage

In other news, CFO Todd Dissinger sold 15,000 shares of the business's stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $15.30, for a total transaction of $229,500.00. Following the transaction, the chief financial officer now directly owns 37,069 shares of the company's stock, valued at $567,155.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 59.40% of the stock is owned by insiders.

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.