Village Super Market Confirms Stable Dividend Strategy with $0.25 Quarterly Payout
Springfield, vrijdag, 20 juni 2025.
Village Super Market has demonstrated its financial resilience by announcing a quarterly dividend of $0.25 per share. The distribution, valid for shareholders registered on 3 July 2025, reflects the supermarket chain’s solid business performance. With 34 stores under the ShopRite and Fairway brands, the company shows confidence in its future prospects. The dividend offers investors an attractive yield of 2.7% and confirms Village Super Market’s consistent financial strategy in the competitive retail sector. This announcement underscores the company’s stable market position and ability to create shareholder value.
Dividend Details
Village Super Market has announced a quarterly dividend of $0.25 per Class A share and $0.1625 per Class B share, payable on 24 July 2025 for shareholders registered on 3 July 2025 [1][2][5]. The dividend represents an attractive annual yield of 1 = $1.00 per share with a dividend yield of 2.7% [2].
Company Profile
The company operates a chain of 34 supermarkets under the ShopRite and Fairway brands in New Jersey, Maryland, New York, and eastern Pennsylvania, as well as three specialised markets under the Gourmet Garage name in New York City [1][5]. Village Super Market, founded in 1937, has consolidated revenues of $2.3 billion and employs 2,190 staff [7].
Financial Performance
The company recently reported earnings per share of $0.78 with quarterly revenues of $563.67 million for the period ending 3 June 2025 [4]. The shareholder base is dominated by insiders, with 56.78% of shares held by management and board members [4].