Village Super Market declared quarterly dividends, payable January 23, 2025, to shareholders on record by January 2, 2025.
Quiver AI Summary
Village Super Market, Inc.'s Board of Directors has announced quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share, set to be paid on January 23, 2025, to shareholders recorded by the end of business on January 2, 2025. The company operates 34 supermarkets branded as ShopRite and Fairway across New Jersey, Maryland, New York, and eastern Pennsylvania, as well as three specialty markets named Gourmet Garage in New York City.
Potential Positives
- The declaration of quarterly cash dividends demonstrates the company's commitment to returning value to its shareholders.
- The payment of dividends indicates financial stability and profitability, which can enhance investor confidence.
- The timing of the dividend payment on January 23, 2025, suggests a strategic approach to maintaining shareholder interest through consistent communication and rewards.
Potential Negatives
- Dividends may indicate cash flow concerns, as companies sometimes resort to paying dividends to maintain investor confidence despite operational challenges.
- The timing of the dividend payment could be seen as inadequate for attracting new investors, particularly if the company is not demonstrating significant growth or profitability.
FAQ
What are the declared dividends for Village Super Market?
The Board of Directors declared quarterly cash dividends of $0.25 per Class A share and $0.1625 per Class B share.
When will the dividends be payable?
The dividends will be payable on January 23, 2025, to shareholders of record as of January 2, 2025.
In which states does Village Super Market operate?
Village Super Market operates in New Jersey, Maryland, New York, and eastern Pennsylvania.
What brands does Village Super Market operate?
Village Super Market operates under the ShopRite and Fairway brands, as well as the Gourmet Garage specialty markets.
Who can I contact for more information about the dividends?
For more information, contact John Van Orden, CFO, at (973) 467-2200 or [email protected].
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VLGEA Insider Trading Activity
$VLGEA insiders have traded $VLGEA stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $VLGEA stock by insiders over the last 6 months:
- KEVIN BEGLEY has traded it 5 times. They made 0 purchases and 5 sales, selling 14,433 shares.
- LUIGI PERRI (Controller / See remarks) sold 2,500 shares.
- ORDEN JOHN L VAN (CFO & Treasurer) sold 2,000 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$VLGEA Hedge Fund Activity
We have seen 49 institutional investors add shares of $VLGEA stock to their portfolio, and 45 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AMERICAN CENTURY COMPANIES INC added 65,579 shares (+41.3%) to their portfolio in Q3 2024
- VANGUARD GROUP INC added 33,124 shares (+8.7%) to their portfolio in Q3 2024
- SEGALL BRYANT & HAMILL, LLC added 27,516 shares (+209.4%) to their portfolio in Q3 2024
- DENALI ADVISORS LLC removed 25,400 shares (-100.0%) from their portfolio in Q2 2024
- VICTORY CAPITAL MANAGEMENT INC added 25,113 shares (+inf%) to their portfolio in Q3 2024
- FIRST TRUST ADVISORS LP added 22,673 shares (+inf%) to their portfolio in Q3 2024
- BLACKROCK, INC. added 21,036 shares (+3.6%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SPRINGFIELD, N.J., Dec. 13, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Village Super Market, Inc. (NSD-VLGEA) declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The dividends will be payable on January 23, 2025 to shareholders of record at the close of business on January 2, 2025.
Village Super Market operates a chain of 34 supermarkets under the ShopRite and Fairway names in New Jersey, Maryland, New York and eastern Pennsylvania and three specialty markets under the Gourmet Garage name in New York City.
| Contact: | John Van Orden, CFO |
| (973) 467-2200 | |
| [email protected] |
