Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Announces $0.10 Quarterly Dividend

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVCGet Rating) announced a quarterly dividend on Thursday, November 17th, Wall Street Journal reports. Shareholders of record on Monday, November 28th will be paid a dividend of 0.10 per share by the specialty retailer on Wednesday, December 14th. This represents a $0.40 annualized dividend and a yield of 3.88%. The ex-dividend date of this dividend is Friday, November 25th.

Natural Grocers by Vitamin Cottage has a payout ratio of 38.5% indicating that its dividend is sufficiently covered by earnings.

Natural Grocers by Vitamin Cottage Stock Down 1.5 %

Shares of NYSE:NGVC opened at $10.30 on Thursday. The company has a quick ratio of 0.25, a current ratio of 1.09 and a debt-to-equity ratio of 0.40. The business has a fifty day moving average of $11.30 and a two-hundred day moving average of $14.49. The stock has a market cap of $233.60 million, a P/E ratio of 11.08 and a beta of 1.17. Natural Grocers by Vitamin Cottage has a 52-week low of $9.86 and a 52-week high of $24.25.

Institutional Trading of Natural Grocers by Vitamin Cottage

Large investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. grew its holdings in shares of Natural Grocers by Vitamin Cottage by 285.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,998 shares of the specialty retailer’s stock worth $39,000 after purchasing an additional 1,480 shares during the period. Tower Research Capital LLC TRC grew its holdings in shares of Natural Grocers by Vitamin Cottage by 315.1% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,478 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 1,881 shares during the period. Cubist Systematic Strategies LLC purchased a new position in shares of Natural Grocers by Vitamin Cottage during the 3rd quarter worth $111,000. JPMorgan Chase & Co. grew its holdings in shares of Natural Grocers by Vitamin Cottage by 146.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,691 shares of the specialty retailer’s stock worth $170,000 after purchasing an additional 6,361 shares during the period. Finally, Jane Street Group LLC purchased a new position in shares of Natural Grocers by Vitamin Cottage during the 1st quarter worth $212,000. 36.35% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Natural Grocers by Vitamin Cottage from a “strong-buy” rating to a “buy” rating in a report on Thursday.

Natural Grocers by Vitamin Cottage Company Profile

(Get Rating)

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; bulk food products; private label products comprising pasta, pasta sauce, ketchup, canned beans and vegetables, frozen vegetables, frozen fruits, frozen meals, frozen pizza, bread, baking mixes, plant based butter, olive and coconut oil, coconut milk, honey, maple syrup, preserves, chocolate, coffee, bacon, beef jerky, canned seafood, popcorn, tortilla chips, taco shells, eggs, cheese, apple sauce, apple cider vinegar, spring water, paper products, cleaning products, and other products; 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.

Featured Articles

Dividend History for Natural Grocers by Vitamin Cottage (NYSE:NGVC)

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.