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

by · The Markets Daily

Village Super Market, Inc. (NASDAQ:VLGEA – Get Free Report) announced a quarterly dividend on Friday, June 12th. Shareholders of record on Thursday, July 2nd will be given a dividend of 0.25 per share on Thursday, July 23rd. This represents a c) annualized dividend and a yield of 2.4%. The ex-dividend date is Thursday, July 2nd.

Village Super Market Trading Up 0.0%

NASDAQ:VLGEA opened at $42.21 on Tuesday. The company has a market cap of $625.13 million, a P/E ratio of 11.47 and a beta of 0.43. Village Super Market has a twelve month low of $30.08 and a twelve month high of $48.21. The business has a 50 day moving average price of $43.04 and a two-hundred day moving average price of $40.18. The company has a quick ratio of 0.88, a current ratio of 1.17 and a debt-to-equity ratio of 0.13.

Village Super Market (NASDAQ:VLGEA – Get Free Report) last posted its quarterly earnings data on Wednesday, June 3rd. The company reported $0.61 earnings per share (EPS) for the quarter. The company had revenue of $572.59 million for the quarter. Village Super Market had a net margin of 2.27% and a return on equity of 10.80%.

Analyst Upgrades and Downgrades

VLGEA has been the subject of a number of analyst reports. Weiss Ratings downgraded shares of Village Super Market from a “buy (a-)” rating to a “buy (b)” rating in a research report on Thursday, June 4th. Wall Street Zen cut shares of Village Super Market from a “strong-buy” rating to a “hold” rating in a research report on Saturday, June 6th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy”.

Get Our Latest Stock Analysis on Village Super Market

About Village Super Market

(Get Free Report)

Village Super Market, Inc is a publicly traded supermarket operator headquartered in Springfield, New Jersey. The company operates a network of ShopRite-branded grocery stores under a membership agreement with Wakefern Food Corp., one of the largest retailer-owned cooperatives in the United States. Through its ShopRite banner, Village Super Market serves communities across northern and central New Jersey, offering a full range of grocery products from fresh produce, meat, seafood and bakery items to dairy, deli and health and beauty merchandise.

The company’s supermarkets feature an array of in-store services designed to meet diverse customer needs.

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