Village Super Market, Inc. (NASDAQ:VLGEA) Shares to Pay Quarterly Dividend of $0.25

Village Super Market, Inc. (NASDAQ:VLGEA) announced a quarterly dividend on Friday, September 11th. Shareholders of record on Thursday, October 1st will be given a dividend of $0.25 per share on Thursday, October 22nd. This represents a $1.00 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, October 1st.

Village Super Market Trading Up 1.6%

Shares of VLGEA opened at $46.11 on Tuesday. The stock has a fifty day moving average of $43.60 and a two-hundred day moving average of $43.07. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.88 and a current ratio of 1.17. The company has a market capitalization of $682.89 million, a PE ratio of 12.53 and a beta of 0.45. Village Super Market has a fifty-two week low of $30.08 and a fifty-two week high of $48.21.

Analysts Set New Price Targets

A number of brokerages have recently commented on VLGEA. Wall Street Zen downgraded Village Super Market from a “strong-buy” rating to a “hold” rating in a research report on Saturday, June 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Village Super Market in a research note on Tuesday, September 1st. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy”.

Village Super Market Company Profile

Village Super Market, Inc is a supermarket operator headquartered in Springfield, New Jersey. The company primarily operates supermarkets under the ShopRite banner, offering a broad selection of grocery products, fresh produce, meat and seafood, dairy items, bakery goods, prepared foods, household merchandise and health and beauty products. Many of its stores also provide pharmacy services, catering, online ordering and home delivery.

The company serves shoppers primarily in the New York metropolitan area and the Mid-Atlantic region, with operations in New Jersey, New York and Pennsylvania.