Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) Declares $0.12 Quarterly Dividend

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) declared a quarterly dividend on Thursday, February 6th,RTT News reports. Shareholders of record on Monday, March 3rd will be given a dividend of 0.12 per share by the specialty retailer on Wednesday, March 19th. This represents a $0.48 annualized dividend and a dividend yield of 0.95%.

Natural Grocers by Vitamin Cottage has increased its dividend by an average of 10.7% annually over the last three years. Natural Grocers by Vitamin Cottage has a payout ratio of 23.9% meaning its dividend is sufficiently covered by earnings.

Natural Grocers by Vitamin Cottage Trading Up 4.6 %

NYSE:NGVC opened at $50.54 on Friday. Natural Grocers by Vitamin Cottage has a 12-month low of $14.31 and a 12-month high of $50.91. The firm has a market cap of $1.16 billion, a PE ratio of 34.15 and a beta of 1.43. The company has a current ratio of 0.90, a quick ratio of 0.16 and a debt-to-equity ratio of 0.25. The stock has a fifty day moving average price of $41.83 and a 200 day moving average price of $33.05.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last posted its quarterly earnings results on Thursday, February 6th. The specialty retailer reported $0.43 earnings per share (EPS) for the quarter. Natural Grocers by Vitamin Cottage had a return on equity of 20.70% and a net margin of 2.73%. Sell-side analysts anticipate that Natural Grocers by Vitamin Cottage will post 1.56 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Natural Grocers by Vitamin Cottage from a “strong-buy” rating to a “buy” rating in a report on Monday, January 13th.

Insider Activity at Natural Grocers by Vitamin Cottage

In other Natural Grocers by Vitamin Cottage news, insider Lark Isely sold 4,000 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $44.66, for a total value of $178,640.00. Following the transaction, the insider now directly owns 8,682 shares in the company, valued at $387,738.12. This represents a 31.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Charity Isely sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $43.73, for a total transaction of $87,460.00. Following the sale, the insider now directly owns 12,290 shares in the company, valued at approximately $537,441.70. The trade was a 14.00 % decrease in their position. The disclosure for this sale can be found here. 58.80% of the stock is currently owned by corporate insiders.

Natural Grocers by Vitamin Cottage Company Profile

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; private label repackaged bulk products, including dried fruits, nuts, grains, granolas, teas, herbs, and spices, as well as peanut and almond butters; private label products comprising grocery staples, household products, bulk foods, and vitamins and dietary supplements, as well as organic eggs, organic flavored coffee, and organic mustard; 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.