SmarterDividends
NGVC

Natural Grocers by Vitamin Cottage, Inc.

NGVC

Consumer Defensive · Grocery Stores · Stock · quarterly payer

$30.61

Overvalued · -48% Add to Portfolio

Forward Yield

1.96%

Annual Dividend

$0.60

Payout Ratio

28%

5-Yr Growth

12.7%

Ex-Date

Aug 17, 2026

Frequency

Quarterly

Key facts about NGVC's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Natural Grocers by Vitamin Cottage, Inc. (NGVC) has a forward dividend yield of 1.96%, based on an annual dividend of $0.60 per share and a share price of $30.61.
  • As of Oct 18, 2026, NGVC's dividend safety grade from SmarterDividends is B (75 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, Natural Grocers by Vitamin Cottage, Inc. (NGVC) has raised its dividend for 2 consecutive years as of Oct 18, 2026.
  • NGVC has never cut its regular dividend in the payment history SmarterDividends has on record.
  • NGVC's most recent ex-dividend date was Aug 17, 2026, for a dividend of $0.15 per share.
  • As of Oct 18, 2026, NGVC pays out 28% of its trailing 12-month earnings as dividends (its payout ratio).
  • NGVC's dividend has grown at an average rate of 12.7% a year over the past five years.
  • As of Oct 18, 2026, NGVC's 1.96% yield is 49% below its five-year average yield of 3.85%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for NGVC is $15.97 per share, 48% below the $30.61 share price, so NGVC screens as overvalued.
  • Natural Grocers by Vitamin Cottage, Inc. (NGVC) pays its dividend quarterly, 4 times a year.
  • Natural Grocers by Vitamin Cottage, Inc. (NGVC) has raised its regular dividend 3 times and cut it 0 times across the 28 payments on record since 2019. Its most recent change was a 25.0% increase to $0.150 per share, going ex-dividend on Dec 1, 2025.
Cite this page

SmarterDividends, "NGVC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/NGVC

Summary

As of Oct 18, 2026, Natural Grocers by Vitamin Cottage, Inc. (NGVC) yields 1.96% ($0.60 a year per share), has a dividend safety grade of B (75/100) and has 2 consecutive years of dividend increases on record.

Is NGVC a good dividend stock?

Yes

Natural Grocers by Vitamin Cottage, Inc. (NGVC) pays a quarterly dividend yielding 1.96% ($0.60/yr), with 2 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (28%)
  • Strong 12.7% 5-yr dividend growth
  • 138% total price return over 5 years

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
1.96%
Payout Ratio
28%
Annual Dividend
$0.60
5-Yr Avg Growth
12.7%
Ex-Dividend Date
Aug 17, 2026
Years of Growth
2
Frequency
quarterly
Beta
1.22
Market Cap
$705.4M
P/E Ratio
14.9
5-Yr Total Return
138%
52-Week Range
$23.47 – $41.07
Dividend Safety
B · 75/100
Ever Cut?
No

NGVC dividend raises and cuts

Natural Grocers by Vitamin Cottage, Inc. (NGVC) has raised its regular dividend 3 times and cut it 0 times across the 28 payments on record since 2019. Its most recent change was a 25.0% increase to $0.150 per share, going ex-dividend on Dec 1, 2025.

Ex-dateChangeOld → newMove
Dec 1, 2025Raise$0.120 → $0.150+25.0%
Dec 2, 2024Raise$0.100 → $0.120+20.0%
Nov 26, 2021Raise$0.0700 → $0.100+42.9%
Every NGVC payment →Download every raise and cut (CSV)
NGVC ex-dividend date & scheduleNext ex-date Aug 17, 2026 · full ex-dividend historyView →NGVC dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is NGVC a good dividend stock?

Yes. Natural Grocers by Vitamin Cottage, Inc. (NGVC) pays a quarterly dividend yielding 1.96% ($0.60/yr), with 2 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is NGVC undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, NGVC's fair value is about $15.97 versus a $30.61 share price — so it looks overvalued (-48% vs. fair value).

Is NGVC's dividend safe?

NGVC has a dividend-safety grade of B (75/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is NGVC's fair value?

Our blended fair-value estimate for NGVC is about $15.97 per share, about 48% below the current $30.61 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is NGVC a buy, hold, or sell?

We don't issue formal ratings, but on the data NGVC screens as "yes" and overvalued. Natural Grocers by Vitamin Cottage, Inc. (NGVC) pays a quarterly dividend yielding 1.96% ($0.60/yr), with 2 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will NGVC cut its dividend?

NGVC earns a dividend-safety grade of B (75/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does NGVC pay a dividend?

Yes. Natural Grocers by Vitamin Cottage, Inc. pays a quarterly dividend of about $0.60 per share annually, a forward yield of roughly 1.96%.

What is NGVC's dividend yield?

As of Oct 18, 2026, NGVC's forward dividend yield is 1.96%, based on a $0.60 annual dividend and a $30.61 share price.

What is NGVC's dividend per share?

As of Oct 18, 2026, NGVC pays $0.60 per share per year, distributed on a quarterly basis.

What is NGVC's dividend payout ratio?

As of Oct 18, 2026, NGVC's payout ratio is 28% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has NGVC grown its dividend?

As of Oct 18, 2026, NGVC has increased its dividend for 2 consecutive years.

When is the next NGVC ex-dividend date?

As of Oct 18, 2026, NGVC's next ex-dividend date hasn't been announced. The most recent was Aug 17, 2026, for $0.15 per share.

Income Calculator

At $0.60 / yr per share

Per payment (quarterly)$15.00
Annual$60.00
Monthly avg$5.00

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