Ingles Markets, Incorporated (NASDAQ:IMKTA – Get Free Report) announced a quarterly dividend on Monday, March 30th. Stockholders of record on Thursday, April 9th will be paid a dividend of 0.165 per share on Thursday, April 16th. This represents a c) dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, April 9th.
Ingles Markets Stock Performance
NASDAQ IMKTA opened at $90.03 on Tuesday. Ingles Markets has a 1 year low of $59.09 and a 1 year high of $91.05. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 17.97 and a beta of 0.74. The company has a current ratio of 3.36, a quick ratio of 1.69 and a debt-to-equity ratio of 0.30. The firm’s 50 day simple moving average is $83.50 and its 200 day simple moving average is $75.93.
Ingles Markets (NASDAQ:IMKTA – Get Free Report) last released its earnings results on Thursday, February 5th. The company reported $1.48 earnings per share for the quarter. Ingles Markets had a return on equity of 5.93% and a net margin of 1.76%.The firm had revenue of $1.37 billion during the quarter.
Ingles Markets Company Profile
Ingles Markets, Inc (NASDAQ: IMKTA) is a family‐owned regional supermarket chain headquartered in Asheville, North Carolina. Since its founding in 1963 by Robert P. Ingle Sr., the company has grown to serve communities across the southeastern United States, including North Carolina, South Carolina, Georgia, Tennessee, Virginia and Alabama. Ingles Markets operates a full-service grocery platform, delivering a broad assortment of fresh produce, meat and seafood, bakery items, deli offerings and dairy products alongside pantry staples and household essentials.
In addition to traditional grocery departments, Ingles Markets provides in-store pharmacy services and fuel centers at many of its locations.
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