Natural Grocers initiates dividend

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Natural Grocers By Vitamin Cottage Inc (NGVC) will start paying a quarterly dividend. The initial dividend of $0.07 per share of common stock will be paid on December 17, 2019 to all stockholders of record at the close of business on December 2, 2019.

At a stock price of $8.83 an indicated annual dividend rate of 28 cents per share translates into an estimated dividend yield of 3.2%.

Natural Grocers by Vitamin Cottage, Inc. is a specialty retailer of natural and organic groceries, body care products, and dietary supplements. The company also provides extensive free science-based nutrition education programs to help customers make informed health and nutrition choices. The company's stores offer a selection of natural and organic groceries and dietary supplements in a smaller-store format that aims to provide a convenient, easily shopped and relaxed environment for customers. Natural Grocers was founded in 1955 by Margaret and Philip Isely with the first store opened in 1958.

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