Natural Grocers by Vitamin Cottage, Inc. (NGVC) To Go Ex-Dividend on December 2nd

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC) declared a quarterly dividend on Thursday, November 21st,NASDAQ Dividends reports. Stockholders of record on Monday, December 2nd will be given a dividend of 0.12 per share by the specialty retailer on Wednesday, December 18th. This represents a $0.48 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend is Monday, December 2nd. This is a positive change 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% annually over the last three years. Natural Grocers by Vitamin Cottage has a dividend payout ratio of 29.4% indicating that its dividend is sufficiently covered by earnings.

Natural Grocers by Vitamin Cottage Stock Performance

NYSE:NGVC opened at $47.06 on Friday. The company has a market capitalization of $1.07 billion, a PE ratio of 31.80 and a beta of 1.23. The company has a 50 day simple moving average of $31.11 and a two-hundred day simple moving average of $26.21. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.18 and a current ratio of 0.96. Natural Grocers by Vitamin Cottage has a fifty-two week low of $14.31 and a fifty-two week high of $47.56.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Natural Grocers by Vitamin Cottage from a “buy” rating to a “strong-buy” rating in a research report on Friday, November 22nd.

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.