Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC – Get Free Report) declared a quarterly dividend on Thursday, May 7th. Stockholders of record on Monday, May 18th will be paid a dividend of 0.15 per share by the specialty retailer on Wednesday, June 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, May 18th.
Natural Grocers by Vitamin Cottage has raised its dividend payment by an average of 0.1%annually 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 Up 1.8%
NYSE:NGVC opened at $27.60 on Friday. The firm’s fifty day moving average is $26.46 and its 200-day moving average is $27.63. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.25 and a current ratio of 1.07. Natural Grocers by Vitamin Cottage has a 52 week low of $23.47 and a 52 week high of $61.22. The firm has a market cap of $635.60 million, a P/E ratio of 13.40 and a beta of 1.36.
Institutional Investors Weigh In On Natural Grocers by Vitamin Cottage
Several hedge funds and other institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC boosted its stake in Natural Grocers by Vitamin Cottage by 105.2% during the 4th quarter. NewEdge Advisors LLC now owns 1,110 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 569 shares during the last quarter. State of Alaska Department of Revenue bought a new position in shares of Natural Grocers by Vitamin Cottage in the third quarter valued at approximately $36,000. Tower Research Capital LLC TRC lifted its holdings in shares of Natural Grocers by Vitamin Cottage by 136.5% in the second quarter. Tower Research Capital LLC TRC now owns 1,114 shares of the specialty retailer’s stock valued at $44,000 after purchasing an additional 643 shares in the last quarter. New York State Teachers Retirement System boosted its position in shares of Natural Grocers by Vitamin Cottage by 36.2% during the third quarter. New York State Teachers Retirement System now owns 1,154 shares of the specialty retailer’s stock valued at $46,000 after buying an additional 307 shares during the last quarter. Finally, Larson Financial Group LLC grew its holdings in Natural Grocers by Vitamin Cottage by 130.9% during the third quarter. Larson Financial Group LLC now owns 1,307 shares of the specialty retailer’s stock worth $52,000 after buying an additional 741 shares in the last quarter. 31.99% of the stock is owned by institutional investors.
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.
Read More
Receive News & Ratings for Natural Grocers by Vitamin Cottage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Natural Grocers by Vitamin Cottage and related companies with MarketBeat.com's FREE daily email newsletter.
