Natural Grocers by Vitamin Cottage, Inc. Declares Quarterly Dividend
Rhea-AI Summary
Natural Grocers by Vitamin Cottage (NYSE: NGVC) has announced a 20% increase in its quarterly cash dividend to $0.12 per common share, payable on December 18, 2024, to stockholders of record as of December 2, 2024. The company operates 168 stores across 21 states, specializing in natural and organic groceries, body care products, and dietary supplements. Natural Grocers maintains strict quality guidelines, offering only USDA certified organic produce, pasture-raised dairy products, and free-range eggs, while excluding artificial ingredients and hydrogenated oils from their product selection.
Positive
- 20% increase in quarterly dividend to $0.12 per share
- Extensive retail presence with 168 stores across 21 states
Negative
- None.
News Market Reaction – NGVC
On the day this news was published, NGVC gained 25.79%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Increases Quarterly Cash Dividend by
About Natural Grocers by Vitamin Cottage
Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) is an expanding specialty retailer of natural and organic groceries, body care products and dietary supplements. The products sold by Natural Grocers must meet strict quality guidelines and may not contain artificial colors, flavors, preservatives or sweeteners, or partially hydrogenated or hydrogenated oils. The Company sells only USDA certified organic produce and exclusively pasture-raised, non-confinement dairy products, and free-range eggs. Natural Grocers' flexible smaller-store format allows it to offer affordable prices in a shopper-friendly, clean and convenient retail environment. The Company also provides extensive free science-based nutrition education programs to help customers make informed health and nutrition choices. The Company, founded in 1955, has 168 stores in 21 states.
Visit www.NaturalGrocers.com for more information and store locations.
Forward-Looking Statements
The following constitutes a "safe harbor" statement under the Private Securities Litigation Reform Act of 1995. Except for the historical information contained herein, statements in this release are "forward-looking statements" and are based on management's current expectations and are subject to uncertainty and changes in circumstances. All statements that are not statements of historical fact are forward-looking statements. Actual results could differ materially from these expectations due to changes in global, national, regional or local political, economic, inflationary, deflationary, recessionary, business, interest rate, labor market, competitive, market, regulatory and other factors, and other risks detailed in the Company's Annual Report on Form 10-K and the Company's subsequent quarterly reports on Form 10-Q. The information contained herein speaks only as of the date of this release and the Company undertakes no obligation to publicly update forward-looking statements, except as may be required by the securities laws.
For further information regarding risks and uncertainties associated with the Company's business, please refer to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" sections of the Company's filings with the Securities and Exchange Commission, including, but not limited to, the Form 10-K and the Company's subsequent quarterly reports on Form 10-Q, copies of which may be obtained by contacting Investor Relations at 303-986-4600 or by visiting the Company's website at http://Investors.NaturalGrocers.com.
Investor Contact:
Reed Anderson, ICR, 646-277-1260, reed.anderson@icrinc.com
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SOURCE Natural Grocers by Vitamin Cottage, Inc.
FAQ
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