On July 13, 2023, Ingles Markets IMKTA will distribute a dividend payout of $0.17 per share, equating to an annualized dividend yield of 0.79%. Shareholders who owned the stock before the ex-dividend date on July 05, 2023 will receive this payout.
Ingles Markets Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-07-05 | 4 | $0.17 | 0.79% | 2023-06-26 | 2023-07-06 | 2023-07-13 |
| 2023-04-05 | 4 | $0.17 | 0.75% | 2023-03-27 | 2023-04-06 | 2023-04-13 |
| 2023-01-05 | 4 | $0.17 | 0.67% | 2022-12-27 | 2023-01-06 | 2023-01-12 |
| 2022-10-05 | 4 | $0.17 | 0.81% | 2022-09-26 | 2022-10-06 | 2022-10-13 |
| 2022-07-06 | 4 | $0.17 | 0.76% | 2022-06-27 | 2022-07-07 | 2022-07-14 |
| 2022-04-06 | 4 | $0.17 | 0.71% | 2022-03-28 | 2022-04-07 | 2022-04-14 |
| 2022-01-05 | 4 | $0.17 | 0.76% | 2021-12-27 | 2022-01-06 | 2022-01-13 |
| 2021-10-06 | 4 | $0.17 | 1.01% | 2021-09-27 | 2021-10-07 | 2021-10-14 |
| 2021-07-07 | 4 | $0.17 | 1.11% | 2021-06-28 | 2021-07-08 | 2021-07-15 |
| 2021-04-07 | 4 | $0.17 | 1.03% | 2021-03-29 | 2021-04-08 | 2021-04-15 |
| 2021-01-06 | 4 | $0.17 | 1.62% | 2020-12-28 | 2021-01-07 | 2021-01-14 |
| 2020-10-07 | 4 | $0.17 | 1.81% | 2020-09-28 | 2020-10-08 | 2020-10-15 |
Ingles Markets's dividend yield falls in the middle range when compared to its industry peers, with Village Super Market VLGEA having the highest annualized dividend yield at 4.35%.
Analyzing Ingles Markets Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed a steady dividend per share of $0.66 from 2019 to 2022, indicating the company's commitment to providing stability to shareholders through a reliable dividend payout. This consistent dividend policy offers a dependable income source for investors.
YoY Earnings Growth For Ingles Markets
The earnings chart above shows that from 2019 to 2022, Ingles Markets has experienced an increase in their earnings from $4.03 per share to $14.35 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
In this article, we delve into Ingles Markets's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.17 per share today, resulting in an annualized dividend yield of 0.79%.
Ingles Markets's dividend yield falls in the middle range when compared to its industry peers, with Village Super Market having the highest annualized dividend yield at 4.35%.
The unaltered dividend per share during 2019 to 2022 does not diminish the significance of the increasing earnings per share for Ingles Markets. This upward trend suggests the company's financial stability and its potential to sustain the distribution of profits to shareholders.
To remain updated on any changes in financials or dividend disbursements, investors should closely observe the company's performance in the coming quarters.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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