Village Super Market, Inc. (VLGEA) to Distribute Quarterly Dividend of $0.25 on October 22nd

Village Super Market, Inc. (NASDAQ:VLGEA) declared a quarterly dividend on Friday, September 11th. Stockholders of record on Thursday, October 1st will be paid a dividend of $0.25 per share on Thursday, October 22nd. This represents a $1.00 annualized dividend and a dividend 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 stock opened at $46.11 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.17 and a quick ratio of 0.88. The company has a market cap of $682.89 million, a price-to-earnings ratio of 12.53 and a beta of 0.45. Village Super Market has a 1 year low of $30.08 and a 1 year high of $48.21. The firm has a fifty day moving average price of $43.60 and a 200-day moving average price of $43.07.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Tidal Investments LLC bought a new position in Village Super Market during the second quarter valued at approximately $549,000. IFP Advisors Inc increased its stake in Village Super Market by 824.6% in the 2nd quarter. IFP Advisors Inc now owns 1,729 shares of the company’s stock worth $73,000 after acquiring an additional 1,542 shares during the last quarter. Great Lakes Advisors LLC bought a new stake in Village Super Market in the 2nd quarter worth approximately $407,000. Bank of America Corp DE raised its holdings in shares of Village Super Market by 134.1% during the 1st quarter. Bank of America Corp DE now owns 20,039 shares of the company’s stock worth $846,000 after acquiring an additional 11,480 shares in the last quarter. Finally, Empowered Funds LLC boosted its position in shares of Village Super Market by 8.4% during the 1st quarter. Empowered Funds LLC now owns 85,381 shares of the company’s stock valued at $3,606,000 after acquiring an additional 6,633 shares during the last quarter. Hedge funds and other institutional investors own 39.02% of the company’s stock.

About Village Super Market

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.