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

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) announced a quarterly dividend on Thursday, November 21st,NASDAQ Dividends reports. Investors of record on Monday, December 2nd will be paid a dividend of 0.12 per share by the specialty retailer on Wednesday, December 18th. This represents a $0.48 annualized dividend and a yield of 1.05%. The ex-dividend date is Monday, December 2nd. This is an increase from Natural Grocers by Vitamin Cottage’s previous quarterly dividend of $0.10.

Natural Grocers by Vitamin Cottage has increased its dividend payment by an average of 12.6% per year over the last three years. Natural Grocers by Vitamin Cottage has a dividend payout ratio of 24.5% indicating that its dividend is sufficiently covered by earnings.

Natural Grocers by Vitamin Cottage Stock Performance

NYSE NGVC traded up $9.35 during trading on Friday, hitting $45.60. The company’s stock had a trading volume of 405,008 shares, compared to its average volume of 75,517. Natural Grocers by Vitamin Cottage has a 52 week low of $14.31 and a 52 week high of $45.61. The company has a quick ratio of 0.18, a current ratio of 0.96 and a debt-to-equity ratio of 0.36. The firm has a market cap of $1.04 billion, a P/E ratio of 31.81 and a beta of 1.23. The firm has a 50 day moving average price of $29.03 and a 200 day moving average price of $25.04.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Natural Grocers by Vitamin Cottage from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 6th.

About Natural Grocers by Vitamin Cottage

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.