{"id":385581,"date":"2020-11-19T16:14:20","date_gmt":"2020-11-19T21:14:20","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=385581"},"modified":"2020-11-19T16:14:20","modified_gmt":"2020-11-19T21:14:20","slug":"natural-grocers-by-vitamin-cottage-inc-declares-special-dividend-and-quarterly-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/natural-grocers-by-vitamin-cottage-inc-declares-special-dividend-and-quarterly-dividend\/","title":{"rendered":"Natural Grocers by Vitamin Cottage, Inc. Declares Special Dividend and Quarterly Dividend"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">Declares Special Cash Dividend of $2.00 per Common Share<\/h2>\n<h2 class=\"xn-hedline\">Declares Quarterly Dividend of $0.07 per Common Share<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">LAKEWOOD, Colo.<\/span>, <span class=\"xn-chron\">Nov. 19, 2020<\/span> \/PRNewswire\/ &#8212; Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) today announced that the Company&#8217;s Board of Directors (the Board) has declared a special cash dividend of <span class=\"xn-money\">$2.00<\/span> per share of common stock. The special dividend will be paid on <span class=\"xn-chron\">December 16, 2020<\/span> to all stockholders of record at the close of business on <span class=\"xn-chron\">November 30, 2020<\/span>. The special dividend will be funded through available cash and borrowings under the Company&#8217;s new <span class=\"xn-money\">$35.0 million<\/span> term loan facility.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/483552\/Natural_Grocers__Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/483552\/Natural_Grocers__Logo.jpg\" title=\"Natural Grocers (PRNewsfoto\/Natural Grocers by Vitamin Cott)\" alt=\"Natural Grocers (PRNewsfoto\/Natural Grocers by Vitamin Cott)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Additionally, the Company announced that the Board has also declared a quarterly cash dividend of <span class=\"xn-money\">$0.07<\/span> per share of common stock. The quarterly dividend will also be paid on <span class=\"xn-chron\">December 16, 2020<\/span> to all stockholders of record at the close of business on <span class=\"xn-chron\">November 30, 2020<\/span>. <\/p>\n<p>\n        <b>About Natural Grocers by Vitamin Cottage<\/b>\n      <\/p>\n<p>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&#8217; flexible smaller-store format allows it to offer affordable prices in a shopper-friendly, safe 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 160 stores in 20 states.<\/p>\n<p>Visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987048-1&amp;h=735708441&amp;u=http%3A%2F%2Fwww.naturalgrocers.com%2F&amp;a=www.NaturalGrocers.com\" rel=\"nofollow noopener noreferrer\">www.NaturalGrocers.com<\/a> for more information and store locations.<\/p>\n<p>\n        <b>Forward-Looking Statements<\/b>\n      <\/p>\n<p>The following constitutes a &#8220;safe harbor&#8221; statement under the Private Securities Litigation Reform Act of 1995. Except for the historical information contained herein, statements in this release are &#8220;forward-looking statements&#8221; and are based on current expectations and assumptions that are subject to risks and uncertainties. All statements that are not statements of historical fact are forward-looking statements. Actual results could differ materially from those described in the forward-looking statements because of factors such as risks and challenges related to the COVID-19 pandemic and government mandates, the economy, changes in the Company&#8217;s industry, business strategy, goals and expectations concerning the Company&#8217;s market position, future operations, margins, profitability, capital expenditures, liquidity and capital resources, future growth, other financial and operating information and other risks detailed in the Company&#8217;s Annual Report on Form 10-K for the fiscal year ended <span class=\"xn-chron\">September 30, 2019<\/span> (the Form 10-K) and the Company&#8217;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 update forward-looking statements, except as may be required by the securities laws.<\/p>\n<p>For further information regarding risks and uncertainties associated with the Company&#8217;s business, please refer to the &#8220;Management&#8217;s Discussion and Analysis of Financial Condition and Results of Operations&#8221; and &#8220;Risk Factors&#8221; sections of the Company&#8217;s filings with the Securities and Exchange Commission, including, but not limited to, the Form 10-K and the Company&#8217;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&#8217;s website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2987048-1&amp;h=229745771&amp;u=http%3A%2F%2Finvestors.naturalgrocers.com%2F&amp;a=http%3A%2F%2FInvestors.NaturalGrocers.com\" rel=\"nofollow noopener noreferrer\">http:\/\/Investors.NaturalGrocers.com<\/a>.<\/p>\n<p>\n        <b>Investor Contact:<\/b>\n      <\/p>\n<p>\n        <span class=\"xn-person\">Scott Van Winkle<\/span>, ICR, Managing Director, 617-956-6736, <a target=\"_blank\" href=\"mailto:scott.vanwinkle@icrinc.com\" rel=\"nofollow noopener noreferrer\">scott.vanwinkle@icrinc.com<\/a><\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LA97128&amp;sd=2020-11-19\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/natural-grocers-by-vitamin-cottage-inc-declares-special-dividend-and-quarterly-dividend-301177451.html\">http:\/\/www.prnewswire.com\/news-releases\/natural-grocers-by-vitamin-cottage-inc-declares-special-dividend-and-quarterly-dividend-301177451.html<\/a><\/p>\n<p>SOURCE  Natural Grocers by Vitamin Cottage, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LA97128&amp;Transmission_Id=202011191611PR_NEWS_USPR_____LA97128&amp;DateId=20201119\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Declares Special Cash Dividend of $2.00 per Common Share Declares Quarterly Dividend of $0.07 per Common Share PR Newswire LAKEWOOD, Colo., Nov. 19, 2020 \/PRNewswire\/ &#8212; Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) today announced that the Company&#8217;s Board of Directors (the Board) has declared a special cash dividend of $2.00 per share of common stock. The special dividend will be paid on December 16, 2020 to all stockholders of record at the close of business on November 30, 2020. The special dividend will be funded through available cash and borrowings under the Company&#8217;s new $35.0 million term loan facility. Additionally, the Company announced that the Board has also declared a quarterly cash dividend of $0.07 per share of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/natural-grocers-by-vitamin-cottage-inc-declares-special-dividend-and-quarterly-dividend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Natural Grocers by Vitamin Cottage, Inc. Declares Special Dividend and Quarterly Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-385581","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Natural Grocers by Vitamin Cottage, Inc. Declares Special Dividend and Quarterly Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/natural-grocers-by-vitamin-cottage-inc-declares-special-dividend-and-quarterly-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Natural Grocers by Vitamin Cottage, Inc. Declares Special Dividend and Quarterly Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Declares Special Cash Dividend of $2.00 per Common Share Declares Quarterly Dividend of $0.07 per Common Share PR Newswire LAKEWOOD, Colo., Nov. 19, 2020 \/PRNewswire\/ &#8212; Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) today announced that the Company&#8217;s Board of Directors (the Board) has declared a special cash dividend of $2.00 per share of common stock. The special dividend will be paid on December 16, 2020 to all stockholders of record at the close of business on November 30, 2020. The special dividend will be funded through available cash and borrowings under the Company&#8217;s new $35.0 million term loan facility. Additionally, the Company announced that the Board has also declared a quarterly cash dividend of $0.07 per share of &hellip; Continue reading &quot;Natural Grocers by Vitamin Cottage, Inc. 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