Natural Grocers by Vitamin Cottage, Inc. Declares Quarterly Dividend
Natural Grocers by Vitamin Cottage (NYSE: NGVC) announced a quarterly cash dividend of $0.10 per share, set to be paid on December 14, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Natural Grocers by Vitamin Cottage (NYSE: NGVC) announced a quarterly cash dividend of $0.10 per share, set to be paid on December 14, 2022. Shareholders of record by November 28, 2022 will qualify for this dividend. Established in 1955, the company operates 164 stores across 21 states, providing natural and organic groceries, dietary supplements, and nutrition education. The dividend reflects the company’s commitment to returning value to its shareholders as it continues to focus on quality and customer service.
Positive
- Quarterly cash dividend of $0.10 per share announced.
- Dividend payment reflects commitment to shareholder value.
Negative
- None.
Details
News Market Reaction – NGVC
The recorded move for NGVC in the trading session of this news was -13.48%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
LAKEWOOD, Colo., Nov. 17, 2022 /PRNewswire/ -- Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) today announced that the Company's Board of Directors has declared a quarterly cash dividend of
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 164 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 for the fiscal year ended September 30, 2021 (the 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
View original content to download multimedia:https://www.prnewswire.com/news-releases/natural-grocers-by-vitamin-cottage-inc-declares-quarterly-dividend-301682003.html
SOURCE Natural Grocers by Vitamin Cottage, Inc.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.