Village Super Market declares quarterly cash dividends

Published 20/06/2025, 18:50
Village Super Market declares quarterly cash dividends

SPRINGFIELD, N.J. - Village Super Market, Inc. (NSD:VLGEA) announced Friday that its Board of Directors has declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The company has maintained dividend payments for 23 consecutive years, with shares currently yielding 2.7%.

The dividends will be paid on July 24, 2025, to shareholders of record as of the close of business on July 3, 2025, according to a press release statement. The company’s stock has delivered an impressive 53% return over the past year, trading at an attractive P/E ratio of 9.9.

Village Super Market operates a chain of 34 supermarkets under the ShopRite and Fairway brands across New Jersey, Maryland, New York, and eastern Pennsylvania. The company also manages three specialty markets under the Gourmet Garage name in New York City. According to InvestingPro, the $556M market cap retailer maintains a "GREAT" financial health score, with several more positive indicators available to subscribers.

The grocery retailer trades on the Nasdaq under the ticker symbol VLGEA, with current analysis suggesting the stock is trading near its Fair Value.

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