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

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) declared a quarterly dividend on Thursday, February 6th, RTT News reports. Investors of record on Monday, March 3rd will be paid a dividend of 0.12 per share by the specialty retailer on Wednesday, March 19th. This represents a $0.48 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date is Monday, March 3rd.

Natural Grocers by Vitamin Cottage has increased its dividend payment by an average of 10.7% annually over the last three years. Natural Grocers by Vitamin Cottage has a dividend payout ratio of 23.0% indicating that its dividend is sufficiently covered by earnings.

Natural Grocers by Vitamin Cottage Stock Performance

Shares of NYSE:NGVC opened at $44.54 on Friday. Natural Grocers by Vitamin Cottage has a 1 year low of $15.82 and a 1 year high of $50.91. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.96 and a quick ratio of 0.15. The stock has a market capitalization of $1.02 billion, a price-to-earnings ratio of 28.37 and a beta of 1.43. The company’s 50 day simple moving average is $43.10 and its 200 day simple moving average is $35.50.

Natural Grocers by Vitamin Cottage (NYSE:NGVC) last issued its earnings results on Thursday, February 6th. The specialty retailer reported $0.43 earnings per share for the quarter. Natural Grocers by Vitamin Cottage had a net margin of 2.84% and a return on equity of 21.12%. As a group, research analysts predict that Natural Grocers by Vitamin Cottage will post 1.61 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at Natural Grocers by Vitamin Cottage

In other news, insider Lark Isely sold 4,000 shares of Natural Grocers by Vitamin Cottage stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $44.66, for a total transaction of $178,640.00. Following the transaction, the insider now owns 8,682 shares in the company, valued at approximately $387,738.12. The trade was a 31.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Charity Isely sold 2,000 shares of Natural Grocers by Vitamin Cottage stock in a transaction 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 transaction, the insider now owns 12,290 shares in the company, valued at approximately $537,441.70. This trade represents a 14.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 58.80% of the company’s stock.

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.