Natural Grocers By Vitamin Cottage Inc (NGVC) will pay a special cash dividend of $2.00 per share in 2020. Last year the retailer started paying a quarterly dividend of $0.07 per share of common stock.

At a stock price of $14.40 an indicated annual dividend rate of 28 cents per share translates into an estimated dividend yield of 1.9%. 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 quarterly dividend of  7 cents per share will also be paid on December 16, 2020 to all stockholders of record at the close of business on November 30, 2020. The company pays an estimated annual dividend of approximately $6 million to its shareholders.

Natural Grocers by Vitamin Cottage, Inc. is a specialty retailer of natural and organic groceries, body care products, and dietary supplements. The company also provides extensive free science-based nutrition education programs to help customers make informed health and nutrition choices. The company's stores offer a selection of natural and organic groceries and dietary supplements in a smaller-store format that aims to provide a convenient, easily shopped and relaxed environment for customers. Natural Grocers was founded in 1955 by Margaret and Philip Isely with the first store opened in 1958.