Village Super Market, Inc. (NASDAQ:VLGEA) Declares Quarterly Dividend of $0.25

Village Super Market, Inc. (NASDAQ:VLGEA - Get Free Report) announced a quarterly dividend on Friday, June 20th, Wall Street Journal reports. Shareholders of record on Thursday, July 3rd will be paid a dividend of 0.25 per share on Thursday, July 24th. This represents a $1.00 annualized dividend and a yield of 2.60%. The ex-dividend date of this dividend is Thursday, July 3rd.

Village Super Market Stock Performance

VLGEA traded up $0.09 during midday trading on Thursday, reaching $38.45. The company had a trading volume of 144,154 shares, compared to its average volume of 33,680. Village Super Market has a 12-month low of $24.90 and a 12-month high of $40.15. The business has a 50-day moving average price of $37.04 and a two-hundred day moving average price of $34.70. The stock has a market cap of $567.52 million, a PE ratio of 10.15 and a beta of 0.50. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.78 and a current ratio of 1.06.

Village Super Market (NASDAQ:VLGEA - Get Free Report) last posted its quarterly earnings data on Tuesday, June 3rd. The company reported $0.78 EPS for the quarter. Village Super Market had a return on equity of 12.55% and a net margin of 2.45%. The business had revenue of $563.67 million for the quarter.

Insider Buying and Selling at Village Super Market

In related news, Director Kevin Begley sold 3,000 shares of the firm's stock in a transaction that occurred on Wednesday, April 9th. The shares were sold at an average price of $37.40, for a total value of $112,200.00. Following the completion of the transaction, the director now directly owns 48,961 shares of the company's stock, valued at approximately $1,831,141.40. This trade represents a 5.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Robert Sumas sold 1,500 shares of Village Super Market stock in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of $35.81, for a total transaction of $53,715.00. Following the completion of the transaction, the insider now owns 87,931 shares of the company's stock, valued at $3,148,809.11. This represents a 1.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,843 shares of company stock worth $320,011 over the last ninety days. 56.78% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Village Super Market

An institutional investor recently raised its position in Village Super Market stock. Empowered Funds LLC boosted its position in shares of Village Super Market, Inc. (NASDAQ:VLGEA - Free Report) by 7.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,122 shares of the company's stock after acquiring an additional 4,459 shares during the period. Empowered Funds LLC owned 0.43% of Village Super Market worth $2,437,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 39.02% of the company's stock.

About Village Super Market

Village Super Market, Inc operates a chain of supermarkets in the United States. The company offers grocery, meat, produce, dairy, deli, seafood, prepared foods, and bakery and frozen foods. It also provides non-food products, including health and beauty care, general merchandise, liquor, and pharmacy products through retail and online stores.