Ingles Markets, Incorporated (NASDAQ:IMKTA - Get Free Report) announced a quarterly dividend on Monday, March 31st, Wall Street Journal reports. Investors of record on Thursday, April 10th will be paid a dividend of 0.165 per share on Thursday, April 17th. This represents a $0.66 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date is Thursday, April 10th.
Ingles Markets Trading Down 0.7 %
IMKTA stock traded down $0.43 during mid-day trading on Friday, reaching $62.12. 182,934 shares of the stock traded hands, compared to its average volume of 113,913. Ingles Markets has a one year low of $58.92 and a one year high of $82.01. The stock has a market capitalization of $1.18 billion, a PE ratio of 15.00 and a beta of 0.75. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.45 and a current ratio of 3.24. The business has a 50-day moving average price of $63.85 and a two-hundred day moving average price of $66.06.
Ingles Markets (NASDAQ:IMKTA - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.87 EPS for the quarter. Ingles Markets had a net margin of 1.45% and a return on equity of 5.09%.
Wall Street Analyst Weigh In
Separately, StockNews.com downgraded Ingles Markets from a "buy" rating to a "hold" rating in a report on Monday, February 10th.
Read Our Latest Research Report on Ingles Markets
About Ingles Markets
(
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Ingles Markets, Incorporated, together with its subsidiaries, operates a chain of supermarkets in the southeast United States. It offers food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items.
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