Natural Grocers by Vitamin Cottage, Inc. (NGVC) to Issue Quarterly Dividend of $0.12 on March 19th

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) declared a quarterly dividend on Thursday, February 6th, RTT News reports. Stockholders of record on Monday, March 3rd will be given a dividend of 0.12 per share by the specialty retailer on Wednesday, March 19th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date is Monday, March 3rd.

Natural Grocers by Vitamin Cottage has increased its dividend by an average of 10.7% per year over the last three years. Natural Grocers by Vitamin Cottage has a dividend payout ratio of 23.0% meaning its dividend is sufficiently covered by earnings.

Natural Grocers by Vitamin Cottage Trading Up 0.2 %

Natural Grocers by Vitamin Cottage stock opened at $44.54 on Friday. The firm has a 50-day moving average of $43.10 and a 200-day moving average of $35.50. Natural Grocers by Vitamin Cottage has a one year low of $15.82 and a one year high of $50.91. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.96 and a quick ratio of 0.15. The company has a market cap of $1.02 billion, a price-to-earnings ratio of 28.37 and a beta of 1.43.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last posted its quarterly earnings data on Thursday, February 6th. The specialty retailer reported $0.43 EPS for the quarter. Natural Grocers by Vitamin Cottage had a net margin of 2.84% and a return on equity of 21.12%. On average, equities analysts expect that Natural Grocers by Vitamin Cottage will post 1.61 earnings per share for the current fiscal year.

Insider Activity at Natural Grocers by Vitamin Cottage

In other Natural Grocers by Vitamin Cottage news, insider Charity Isely sold 2,000 shares of the stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $43.73, for a total value of $87,460.00. Following the transaction, the insider now directly owns 12,290 shares of the company’s stock, valued at $537,441.70. This represents a 14.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Lark Isely sold 4,000 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $44.66, for a total transaction of $178,640.00. Following the completion of the transaction, the insider now directly owns 8,682 shares in the company, valued at approximately $387,738.12. This represents a 31.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 58.80% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Natural Grocers by Vitamin Cottage from a “strong-buy” rating to a “buy” rating in a research note on Monday, January 13th.

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.