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

Natural Grocers by Vitamin Cottage, Inc. (NYSE:NGVC - Get Free Report) 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 dividend yield of 1.03%. The ex-dividend date of this dividend is Monday, March 3rd.

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

Natural Grocers by Vitamin Cottage Stock Down 5.6 %

NGVC stock traded down $2.75 during midday trading on Monday, reaching $46.79. 262,414 shares of the company's stock traded hands, compared to its average volume of 137,906. The company has a quick ratio of 0.16, a current ratio of 0.90 and a debt-to-equity ratio of 0.25. The firm's fifty day moving average price is $41.90 and its 200-day moving average price is $33.50. Natural Grocers by Vitamin Cottage has a 52 week low of $14.70 and a 52 week high of $50.91. The company has a market cap of $1.07 billion, a price-to-earnings ratio of 29.80 and a beta of 1.43.

Natural Grocers by Vitamin Cottage (NYSE:NGVC - Get Free Report) last posted its earnings results on Thursday, February 6th. The specialty retailer reported $0.43 EPS for the quarter. Natural Grocers by Vitamin Cottage had a net margin of 2.84% and a return on equity of 21.58%. As a group, sell-side analysts forecast 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 lowered Natural Grocers by Vitamin Cottage from a "strong-buy" rating to a "buy" rating in a report on Monday, January 13th.

Insider Buying and Selling at Natural Grocers by Vitamin Cottage

In related news, insider Lark Isely sold 4,000 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $44.66, for a total transaction of $178,640.00. Following the completion of the sale, the insider now directly owns 8,682 shares of the company's stock, valued at approximately $387,738.12. This trade represents a 31.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 value of $87,460.00. Following the sale, the insider now owns 12,290 shares in the company, valued at $537,441.70. This trade represents a 14.00 % decrease in their ownership of the stock. 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.