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

Village Super Market, Inc. (NASDAQ:VLGEA) announced a quarterly dividend on Friday, June 14th, NASDAQ reports. Shareholders of record on Tuesday, July 2nd will be paid a dividend of 0.25 per share on Thursday, July 25th. This represents a $1.00 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date of this dividend is Monday, July 1st.

NASDAQ:VLGEA traded down $0.05 during trading hours on Friday, reaching $25.02. 27,473 shares of the company traded hands, compared to its average volume of 29,015. Village Super Market has a 1-year low of $23.75 and a 1-year high of $32.20. The stock has a market capitalization of $360.29 million, a PE ratio of 15.26 and a beta of 0.36. The firm’s 50-day simple moving average is $25.85. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.29 and a current ratio of 1.67.

Village Super Market (NASDAQ:VLGEA) last issued its quarterly earnings results on Tuesday, June 4th. The company reported $0.35 earnings per share for the quarter. The company had revenue of $395.46 million for the quarter. Village Super Market had a return on equity of 7.65% and a net margin of 1.51%.

In related news, EVP William Sumas sold 70,263 shares of Village Super Market stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $25.46, for a total value of $1,788,895.98. Following the completion of the transaction, the executive vice president now directly owns 226,711 shares in the company, valued at $5,772,062.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 31.63% of the stock is currently owned by company insiders.

Separately, BidaskClub downgraded Zebra Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, July 16th.

About Village Super Market

Village Super Market, Inc operates a chain of supermarkets in the United States. Its stores feature specialty departments, such as an on-site bakery, an expanded delicatessen, various natural and organic foods, ethnic and international foods, prepared foods, and pharmacies. The company operates a chain of 30 ShopRite supermarkets, including 18 located in northern New Jersey, 8 located in southern New Jersey, 2 located in Maryland, 1 located in northeastern Pennsylvania, and 1 in Bronx, New York City.

Read More: How to interpret the current ratio

Dividend History for Village Super Market (NASDAQ:VLGEA)

Receive News & Ratings for Village Super Market Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Village Super Market and related companies with MarketBeat.com's FREE daily email newsletter.