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

Posted by ABMN Staff on Dec 31st, 2024

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

Village Super Market Stock Performance

VLGEA opened at $31.57 on Tuesday. The company has a market cap of $466.00 million, a price-to-earnings ratio of 9.10 and a beta of 0.30. The firm’s fifty day simple moving average is $31.49 and its two-hundred day simple moving average is $30.09. The company has a quick ratio of 0.86, a current ratio of 1.13 and a debt-to-equity ratio of 0.18. Village Super Market has a 52-week low of $24.57 and a 52-week high of $33.99.

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

Insiders Place Their Bets

In other news, Director Kevin Begley sold 1,000 shares of the company’s stock in a transaction on Wednesday, October 23rd. The stock was sold at an average price of $30.00, for a total value of $30,000.00. Following the transaction, the director now owns 60,261 shares of the company’s stock, valued at $1,807,830. This represents a 1.63 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last 90 days, insiders have sold 10,933 shares of company stock valued at $330,872. Insiders own 56.78% of the company’s stock.

About Village Super Market

(Get Free Report)

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.