Village Super Market Inc. (NASDAQ:VLGEA) declared a quarterly dividend on Monday, September 19th. Stockholders of record on Thursday, October 6th will be given a dividend of 0.25 per share on Thursday, October 27th. This represents a $1.00 annualized dividend and a dividend yield of 3.09%. The ex-dividend date is Tuesday, October 4th.
Village Super Market (NASDAQ:VLGEA) opened at 32.35 on Thursday. The stock’s 50 day moving average price is $31.64 and its 200 day moving average price is $28.18. The company has a market capitalization of $457.01 million, a price-to-earnings ratio of 19.52 and a beta of 0.75. Village Super Market has a 12-month low of $23.29 and a 12-month high of $33.00.
Separately, TheStreet raised shares of Village Super Market from a “hold” rating to a “buy” rating in a research report on Friday, July 8th.
In related news, EVP John Sumas sold 5,000 shares of the business’s stock in a transaction on Tuesday, July 5th. The shares were sold at an average price of $28.84, for a total value of $144,200.00. Following the sale, the executive vice president now directly owns 340,195 shares of the company’s stock, valued at approximately $9,811,223.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Of Perry Sumas Estate sold 7,328 shares of the business’s stock in a transaction on Friday, July 22nd. The shares were sold at an average price of $29.93, for a total transaction of $219,327.04. Following the completion of the sale, the insider now directly owns 402,035 shares in the company, valued at $12,032,907.55. The disclosure for this sale can be found here. Insiders own 40.89% of the company’s stock.
About Village Super Market
Village Super Market, Inc is engaged in the retail sale of food and nonfood products. The Company operates a chain of approximately 29 ShopRite supermarkets of which around 18 are located in northern New Jersey, over eight in southern New Jersey, approximately two in Maryland and one in northeastern Pennsylvania.
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