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

Village Super Market, Inc. (NASDAQ:VLGEA) declared a quarterly dividend on Monday, June 23rd, Wall Street Journal reports. Shareholders of record on Thursday, July 3rd will be paid a dividend of 0.25 per share on Thursday, July 24th. This represents a $1.00 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date of this dividend is Thursday, July 3rd.

Village Super Market Stock Performance

Shares of NASDAQ:VLGEA traded up $0.90 on Monday, reaching $39.14. 36,118 shares of the company’s stock were exchanged, compared to its average volume of 32,823. The company has a fifty day moving average of $36.76 and a 200-day moving average of $34.53. Village Super Market has a twelve month low of $24.57 and a twelve month high of $40.15. The company has a current ratio of 1.06, a quick ratio of 0.78 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $577.71 million, a price-to-earnings ratio of 10.33 and a beta of 0.50.

Village Super Market (NASDAQ:VLGEA) last released its earnings results on Tuesday, June 3rd. The company reported $0.78 earnings per share for the quarter. The firm had revenue of $563.67 million during the quarter. Village Super Market had a return on equity of 12.55% and a net margin of 2.45%.

Insider Buying and Selling

In related news, Director Kevin Begley sold 3,000 shares of Village Super Market stock in a transaction that occurred on Wednesday, April 9th. The shares were sold at an average price of $37.40, for a total value of $112,200.00. Following the transaction, the director now directly owns 48,961 shares of the company’s stock, valued at $1,831,141.40. This trade represents a 5.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, major shareholder Robert Sumas sold 1,500 shares of the business’s stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $35.81, for a total value of $53,715.00. Following the transaction, the insider now directly owns 87,931 shares of the company’s stock, valued at $3,148,809.11. This trade represents a 1.68% decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,843 shares of company stock valued at $320,011 over the last quarter. 56.78% of the stock is owned by company insiders.

Institutional Trading of Village Super Market

An institutional investor recently raised its position in Village Super Market stock. Empowered Funds LLC increased its position in Village Super Market, Inc. (NASDAQ:VLGEA) by 7.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 64,122 shares of the company’s stock after buying an additional 4,459 shares during the quarter. Empowered Funds LLC owned 0.43% of Village Super Market worth $2,437,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 39.02% of the stock is currently owned by institutional investors.

Village Super Market Company Profile

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.