Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Declares Quarterly Dividend of $0.15

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVCGet Free Report) declared a quarterly dividend on Wednesday, August 5th. Shareholders of record on Monday, August 17th will be paid a dividend of 0.15 per share by the specialty retailer on Wednesday, September 2nd. This represents a c) annualized dividend and a yield of 2.1%. The ex-dividend date is Monday, August 17th.

Natural Grocers by Vitamin Cottage has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 1 consecutive years. Natural Grocers by Vitamin Cottage has a payout ratio of 28.7% meaning its dividend is sufficiently covered by earnings.

Natural Grocers by Vitamin Cottage Price Performance

Shares of NYSE NGVC traded down $3.97 during midday trading on Friday, hitting $28.49. 320,682 shares of the company’s stock were exchanged, compared to its average volume of 151,692. The company has a current ratio of 1.05, a quick ratio of 0.25 and a debt-to-equity ratio of 0.19. The company has a market cap of $656.48 million, a price-to-earnings ratio of 13.74 and a beta of 1.33. Natural Grocers by Vitamin Cottage has a 12-month low of $23.47 and a 12-month high of $45.98. The business’s fifty day moving average price is $31.50 and its two-hundred day moving average price is $28.41.

Natural Grocers by Vitamin Cottage (NYSE:NGVCGet Free Report) last posted its quarterly earnings data on Thursday, May 7th. The specialty retailer reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. Natural Grocers by Vitamin Cottage had a net margin of 3.60% and a return on equity of 22.26%. The company had revenue of $337.38 million for the quarter, compared to the consensus estimate of $348.00 million. As a group, research analysts forecast that Natural Grocers by Vitamin Cottage will post 2.11 EPS for the current fiscal year.

About Natural Grocers by Vitamin Cottage

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Natural Grocers by Vitamin Cottage, Inc operates a chain of specialty grocery stores focused on natural and organic products. Founded in 1955 by Margaret and Philip Isely in Lakewood, Colorado, the company has built a reputation on strict product standards, including certified organic produce, non-GMO groceries and dietary supplements. Natural Grocers emphasizes whole, unprocessed foods and carries a broad assortment of private-label and national brands that meet its quality guidelines.

The company’s core offerings include fresh fruits and vegetables, bulk foods, vitamins, minerals and nutritional supplements, as well as natural body care and household items.

Further Reading

Dividend History for Natural Grocers by Vitamin Cottage (NYSE:NGVC)

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