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 given a dividend of 0.15 per share by the specialty retailer on Wednesday, September 2nd. This represents a c) annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Monday, August 17th.

Natural Grocers by Vitamin Cottage has raised 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 Stock Up 0.6%

NYSE:NGVC opened at $28.20 on Friday. Natural Grocers by Vitamin Cottage has a one year low of $23.47 and a one year high of $41.58. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.10 and a quick ratio of 0.25. The company has a market cap of $649.92 million, a PE ratio of 13.69 and a beta of 1.33. The firm’s 50 day simple moving average is $31.32 and its 200 day simple moving average is $28.45.

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.