Willamette Valley Vineyards (NASDAQ:WVVIP) Trading Down 1.2% – Time to Sell?

Willamette Valley Vineyards, Inc. (NASDAQ:WVVIP)’s share price fell 1.2% during trading on Friday . The stock traded as low as $3.41 and last traded at $3.41. 1,733 shares traded hands during trading, a decline of 34% from the average session volume of 2,622 shares. The stock had previously closed at $3.45.

Willamette Valley Vineyards Stock Performance

The firm has a 50 day moving average price of $3.59 and a 200 day moving average price of $3.78.

Willamette Valley Vineyards Announces Dividend

The company also recently declared an annual dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Friday, December 6th. This represents a dividend yield of 5.9%.

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.