Increases Quarterly Cash Dividend by 20% to
$0.12 per Common Share
LAKEWOOD, Colo., Nov. 21,
2024 /PRNewswire/ -- Natural Grocers by Vitamin
Cottage, Inc. (NYSE: NGVC) today announced that the Company's Board
of Directors has declared a quarterly cash dividend of $0.12 per common share. The dividend will be paid
on December 18, 2024 to all
stockholders of record at the close of business on December 2, 2024.
About Natural Grocers by Vitamin Cottage
Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) is an
expanding specialty retailer of natural and organic groceries, body
care products and dietary supplements. The products sold by Natural
Grocers must meet strict quality guidelines and may not contain
artificial colors, flavors, preservatives or sweeteners, or
partially hydrogenated or hydrogenated oils. The Company sells only
USDA certified organic produce and exclusively pasture-raised,
non-confinement dairy products, and free-range eggs. Natural
Grocers' flexible smaller-store format allows it to offer
affordable prices in a shopper-friendly, clean and convenient
retail environment. The Company also provides extensive free
science-based nutrition education programs to help customers make
informed health and nutrition choices. The Company, founded in
1955, has 168 stores in 21 states.
Visit www.NaturalGrocers.com for more information and store
locations.
Forward-Looking Statements
The following constitutes a "safe harbor" statement under the
Private Securities Litigation Reform Act of 1995. Except for the
historical information contained herein, statements in this release
are "forward-looking statements" and are based on management's
current expectations and are subject to uncertainty and changes in
circumstances. All statements that are not statements of historical
fact are forward-looking statements. Actual results could differ
materially from these expectations due to changes in global,
national, regional or local political, economic, inflationary,
deflationary, recessionary, business, interest rate, labor market,
competitive, market, regulatory and other factors, and other risks
detailed in the Company's Annual Report on Form 10-K and the
Company's subsequent quarterly reports on Form 10-Q. The
information contained herein speaks only as of the date of this
release and the Company undertakes no obligation to publicly update
forward-looking statements, except as may be required by the
securities laws.
For further information regarding risks and uncertainties
associated with the Company's business, please refer to the
"Management's Discussion and Analysis of Financial Condition and
Results of Operations" and "Risk Factors" sections of the Company's
filings with the Securities and Exchange Commission, including, but
not limited to, the Form 10-K and the Company's subsequent
quarterly reports on Form 10-Q, copies of which may be obtained by
contacting Investor Relations at 303-986-4600 or by visiting the
Company's website at http://Investors.NaturalGrocers.com.
Investor Contact:
Reed Anderson, ICR, 646-277-1260,
reed.anderson@icrinc.com
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SOURCE Natural Grocers by Vitamin Cottage, Inc.