Willamette Valley Vineyards (NASDAQ:WVVIP) Shares Down 6.6% – What’s Next?

Shares of Willamette Valley Vineyards, Inc. (NASDAQ:WVVIP) fell 6.6% during trading on Friday . The stock traded as low as $3.21 and last traded at $3.24. 9,633 shares were traded during trading, an increase of 201% from the average session volume of 3,198 shares. The stock had previously closed at $3.47.

Willamette Valley Vineyards Stock Performance

The company’s 50-day moving average price is $3.23 and its 200 day moving average price is $3.23.

Willamette Valley Vineyards Dividend Announcement

The firm also recently declared an annual dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Friday, December 5th will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Friday, December 5th. This represents a yield of 679.0%.

About Willamette Valley Vineyards

Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. The company operates through two segments, Direct Sales and Distributor Sales. It primarily offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Sauvignon Blanc, Gruner Veltliner, Rose, Brut, Brut Rose, and Riesling branded wines under the Willamette Valley Vineyards label; Semi-Sparkling Muscat branded wine under the Tualatin Estate Vineyards label; Syrah, Merlot, Cabernet Sauvignon, Grenache, Cabernet Franc, Tempranillo, Malbec, The Griffin, and Viognier branded wines under the Griffin Creek label; and Brut, Brut Rose, and Blanc de Blancs under the Domaine Willamette label.