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

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) announced a quarterly dividend on Thursday, August 8th, Wall Street Journal reports. Shareholders of record on Tuesday, September 3rd will be paid a dividend of 0.10 per share by the specialty retailer on Wednesday, September 18th. This represents a $0.40 annualized dividend and a yield of 1.61%. The ex-dividend date of this dividend is Tuesday, September 3rd.

Natural Grocers by Vitamin Cottage has raised its dividend payment by an average of 12.6% annually over the last three years. Natural Grocers by Vitamin Cottage has a payout ratio of 27.0% indicating that its dividend is sufficiently covered by earnings.

Natural Grocers by Vitamin Cottage Trading Up 3.8 %

NYSE:NGVC traded up $0.91 during trading hours on Friday, hitting $24.80. The company had a trading volume of 266,768 shares, compared to its average volume of 67,902. The company has a current ratio of 0.88, a quick ratio of 0.15 and a debt-to-equity ratio of 0.35. The company has a 50-day moving average of $22.69 and a 200 day moving average of $19.04. The company has a market cap of $565.24 million, a P/E ratio of 19.52 and a beta of 1.21. Natural Grocers by Vitamin Cottage has a 1 year low of $11.85 and a 1 year high of $27.60.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last issued its earnings results on Thursday, May 9th. The specialty retailer reported $0.35 earnings per share (EPS) for the quarter. The company had revenue of $308.09 million during the quarter. Natural Grocers by Vitamin Cottage had a return on equity of 17.60% and a net margin of 2.42%. During the same quarter in the previous year, the company earned $0.29 earnings per share. Sell-side analysts expect that Natural Grocers by Vitamin Cottage will post 1.13 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Natural Grocers by Vitamin Cottage from a “buy” rating to a “strong-buy” rating in a research note on Friday.

About Natural Grocers by Vitamin Cottage

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.