Village Super Market, Inc. to Issue Quarterly Dividend of $0.25 (NASDAQ:VLGEA)

Village Super Market, Inc. (NASDAQ:VLGEA) announced a quarterly dividend on Friday, December 13th,Wall Street Journal reports. Shareholders of record on Thursday, January 2nd will be paid a dividend of 0.25 per share on Thursday, January 23rd. This represents a $1.00 annualized dividend and a yield of 3.17%. The ex-dividend date of this dividend is Thursday, January 2nd.

Village Super Market Stock Performance

Shares of NASDAQ VLGEA opened at $31.57 on Tuesday. The stock has a market cap of $466.00 million, a price-to-earnings ratio of 9.10 and a beta of 0.30. The stock’s 50-day moving average is $31.49 and its 200 day moving average is $30.09. The company has a current ratio of 1.13, a quick ratio of 0.86 and a debt-to-equity ratio of 0.18. Village Super Market has a 1-year low of $24.57 and a 1-year high of $33.99.

Village Super Market (NASDAQ:VLGEA) last released its earnings results on Tuesday, October 8th. The company reported $1.14 earnings per share for the quarter. Village Super Market had a return on equity of 12.15% and a net margin of 2.29%. The company had revenue of $578.24 million during the quarter.

Insider Activity

In related news, Director Kevin Begley sold 1,000 shares of Village Super Market stock in a transaction on Wednesday, October 23rd. The shares were sold at an average price of $30.00, for a total value of $30,000.00. Following the sale, the director now owns 60,261 shares in the company, valued at $1,807,830. The trade was a 1.63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Over the last ninety days, insiders sold 10,933 shares of company stock valued at $330,872. Insiders own 56.78% of the company’s stock.

About Village Super Market

Village Super Market, Inc operates a chain of supermarkets in the United States. The company offers grocery, meat, produce, dairy, deli, seafood, prepared foods, and bakery and frozen foods. It also provides non-food products, including health and beauty care, general merchandise, liquor, and pharmacy products through retail and online stores.