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 12th. Investors 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 Price Performance

Shares of NASDAQ:VLGEA opened at $42.21 on Tuesday. Village Super Market has a one year low of $30.08 and a one year high of $48.21. The stock has a market capitalization of $625.13 million, a price-to-earnings ratio of 11.47 and a beta of 0.43. The company has a 50-day simple moving average of $43.04 and a 200-day simple moving average of $40.18. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.88 and a current ratio of 1.17.

Village Super Market (NASDAQ:VLGEA) last issued its quarterly earnings results on Wednesday, June 3rd. The company reported $0.61 earnings per share for the quarter. The firm had revenue of $572.59 million during the quarter. Village Super Market had a return on equity of 10.80% and a net margin of 2.27%.

Analysts Set New Price Targets

A number of research analysts have issued reports on VLGEA shares. Wall Street Zen cut shares of Village Super Market from a “strong-buy” rating to a “hold” rating in a report on Saturday, June 6th. Weiss Ratings cut Village Super Market from a “buy (a-)” rating to a “buy (b)” rating in a report on Thursday, June 4th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Village Super Market has an average rating of “Buy”.

Village Super Market Company Profile

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.