Natural Grocers by Vitamin Cottage, Inc. (NGVC) to Issue Quarterly Dividend of $0.15 on September 2nd

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) declared a quarterly dividend on Wednesday, August 5th. Stockholders 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) dividend on an annualized basis and a dividend 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 raised its dividend annually for the last 1 consecutive years. Natural Grocers by Vitamin Cottage has a dividend payout ratio of 28.7% meaning its dividend is sufficiently covered by earnings.

Natural Grocers by Vitamin Cottage Trading Down 13.1%

NYSE NGVC traded down $4.26 during mid-day trading on Friday, reaching $28.20. 335,612 shares of the stock were exchanged, compared to its average volume of 151,768. The stock has a market cap of $649.61 million, a P/E ratio of 13.59 and a beta of 1.33. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.05 and a quick ratio of 0.25. Natural Grocers by Vitamin Cottage has a one year low of $23.47 and a one year high of $45.98. The stock has a 50 day simple moving average of $31.50 and a 200-day simple moving average of $28.41.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last announced its quarterly earnings data on Thursday, May 7th. The specialty retailer reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.02. The firm had revenue of $337.38 million for the quarter, compared to analyst estimates of $348.00 million. Natural Grocers by Vitamin Cottage had a net margin of 3.60% and a return on equity of 22.26%. On average, analysts anticipate that Natural Grocers by Vitamin Cottage will post 2.11 EPS for the current year.

About Natural Grocers by Vitamin Cottage

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.