Ingles Markets, Incorporated operates a chain of supermarkets in the southeast United States. It offers food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items. The company also owns and operates a milk processing and packaging plant that supplies organic milk, fruit juices, and bottled water products to other retailers, food service distributors, and grocery warehouses. In addition, it provides home meal replacement items, delicatessens, bakeries, floral departments, and greeting cards, as well as broad selections of local organic, beverage, and health-related items. As of September 25, 2021, the company operated 189 supermarkets under the brand name Ingles, and nine supermarkets under the brand name Sav-Mor in western North Carolina, western South Carolina, northern Georgia, eastern Tennessee, southwestern Virginia, and northeastern Alabama, as well as 111 pharmacies and 107 fuel stations. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.
Ingles Markets Dividend Announcement
• Ingles Markets announced a quarterly dividend of $0.17 per ordinary share which will be made payable on 2024-10-17. Ex dividend date: 2024-10-10
• Ingles Markets annual dividend for 2024 was $0.66
• Ingles Markets annual dividend for 2023 was $0.66
• Ingles Markets 's trailing twelve-month (TTM) dividend yield is 0.95%
• Ingles Markets 's payout ratio for the trailing twelve months (TTM) is 7.68%
• Ingles Markets 's dividend growth over the last ten years (2013-2023) was 2.92% year
Ingles Markets Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-10 | $0.17 | quarterly | 2024-10-17 |
2024-07-11 | $0.17 | quarterly | 2024-07-18 |
2024-04-10 | $0.17 | quarterly | 2024-04-18 |
2024-01-11 | $0.17 | quarterly | 2024-01-19 |
2023-10-11 | $0.17 | quarterly | 2023-10-19 |
2023-07-05 | $0.17 | quarterly | 2023-07-13 |
2023-04-05 | $0.17 | quarterly | 2023-04-13 |
2023-01-05 | $0.17 | quarterly | 2023-01-12 |
2022-10-05 | $0.17 | quarterly | 2022-10-13 |
2022-07-06 | $0.17 | quarterly | 2022-07-14 |
2022-04-06 | $0.17 | quarterly | 2022-04-14 |
2022-01-05 | $0.17 | quarterly | 2022-01-13 |
2021-10-06 | $0.17 | quarterly | 2021-10-14 |
2021-07-07 | $0.17 | quarterly | 2021-07-15 |
2021-04-07 | $0.17 | quarterly | 2021-04-15 |
2021-01-06 | $0.17 | quarterly | 2021-01-14 |
2020-10-07 | $0.17 | quarterly | 2020-10-15 |
2020-07-08 | $0.17 | quarterly | 2020-07-16 |
2020-04-08 | $0.17 | quarterly | 2020-04-16 |
2020-01-08 | $0.17 | quarterly | 2020-01-16 |
2019-10-09 | $0.17 | quarterly | 2019-10-17 |
2019-07-10 | $0.17 | quarterly | 2019-07-18 |
2019-04-10 | $0.17 | quarterly | 2019-04-18 |
2019-01-09 | $0.17 | quarterly | 2019-01-17 |
2018-10-10 | $0.17 | quarterly | 2018-10-18 |
2018-07-11 | $0.17 | quarterly | 2018-07-19 |
2018-04-11 | $0.17 | quarterly | 2018-04-19 |
2018-01-10 | $0.17 | quarterly | 2018-01-18 |
2017-10-11 | $0.17 | quarterly | 2017-10-19 |
2017-07-03 | $0.17 | quarterly | 2017-07-13 |
2017-04-04 | $0.17 | quarterly | 2017-04-13 |
2017-01-04 | $0.17 | quarterly | 2017-01-12 |
2016-10-04 | $0.17 | quarterly | 2016-10-14 |
2016-07-05 | $0.17 | quarterly | 2016-07-14 |
2016-04-05 | $0.17 | quarterly | 2016-04-14 |
2016-01-05 | $0.17 | quarterly | 2016-01-21 |
2015-10-06 | $0.17 | quarterly | 2015-10-22 |
2015-07-07 | $0.17 | quarterly | 2015-07-23 |
2015-04-07 | $0.17 | quarterly | 2015-04-23 |
2015-01-06 | $0.17 | quarterly | 2015-01-22 |
2014-10-07 | $0.17 | quarterly | 2014-10-23 |
2014-07-08 | $0.17 | quarterly | 2014-07-24 |
2014-04-08 | $0.17 | quarterly | 2014-04-24 |
2014-01-07 | $0.17 | quarterly | 2014-01-23 |
2013-10-08 | $0.17 | quarterly | 2013-10-24 |
2013-07-09 | $0.17 | quarterly | 2013-07-25 |
2013-04-09 | $0.17 | quarterly | 2013-04-25 |
Ingles Markets Dividend per year
Ingles Markets Dividend growth
Ingles Markets Dividend Yield
Ingles Markets current trailing twelve-month (TTM) dividend yield is 0.95%. Interested in purchasing Ingles Markets stock? Use our calculator to estimate your expected dividend yield:
Ingles Markets Financial Ratios
Ingles Markets Dividend FAQ
Other factors to consider when evaluating Ingles Markets as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Ingles Markets 's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Ingles Markets publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Ingles Markets distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Ingles Markets are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Ingles Markets sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Ingles Markets distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Ingles Markets declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Ingles Markets 's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Ingles Markets 's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.