During the past 12 months, Natural Grocers by Vitamin Cottage's average Dividends Per Share Growth Rate was 22.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 6.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 11.40% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Natural Grocers by Vitamin Cottage was 12.60% per year. The lowest was 6.30% per year. And the median was 12.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Natural Grocers by Vitamin Cottage Forward Dividend Yield % Related Terms
NGVC vs VLGEA, YSWY, DNUT: Forward Dividend Yield % Comparison
For the Grocery Stores subindustry, Natural Grocers by Vitamin Cottage's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Natural Grocers by Vitamin Cottage Forward Dividend Yield % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Natural Grocers by Vitamin Cottage's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Natural Grocers by Vitamin Cottage's Forward Dividend Yield % falls into.
Natural Grocers by Vitamin Cottage Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Natural Grocers by Vitamin Cottage Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.150000
2026-05-18
2026-05-18
2026-06-03
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.150000
2026-03-02
2026-03-02
2026-03-18
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.150000
2025-12-01
2025-12-01
2025-12-10
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.120000
2025-09-02
2025-09-02
2025-09-17
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Forward Dividend Yield % of 1.83% mean?
Natural Grocers by Vitamin Cottage (NGVC) has a Forward Dividend Yield % of 1.83% as of Jun. 25, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Natural Grocers by Vitamin Cottage and its competitors. According to the industry distribution chart, Natural Grocers by Vitamin Cottage ranks #144 out of 196 companies in the Retail - Defensive industry, placing it in the top 73.5%.
Is Natural Grocers by Vitamin Cottage's Forward Dividend Yield % too high?
Natural Grocers by Vitamin Cottage's current Forward Dividend Yield % is 1.83%. The Retail - Defensive industry median Forward Dividend Yield % is 2.93. Natural Grocers by Vitamin Cottage's value of 1.83% is 37.5% below this industry median. Based on the distribution chart, Natural Grocers by Vitamin Cottage ranks #144 out of 196 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Natural Grocers by Vitamin Cottage has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Grocers by Vitamin Cottage's Forward Dividend Yield % compare to VLGEA and YSWY?
According to the Retail - Defensive industry distribution chart, Natural Grocers by Vitamin Cottage ranks #144 out of 196 companies for Forward Dividend Yield %. This places Natural Grocers by Vitamin Cottage in the lower half of its industry. The industry median Forward Dividend Yield % is 2.93. Natural Grocers by Vitamin Cottage's value of 1.83% is 37.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Retail - Defensive company?
The median Forward Dividend Yield % among Retail - Defensive companies is 2.93, based on 196 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Natural Grocers by Vitamin Cottage's current Forward Dividend Yield % of 1.83% is 37.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Natural Grocers by Vitamin Cottage and its competitors. For the Retail - Defensive industry, the median Forward Dividend Yield % is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Grocers by Vitamin Cottage's current Forward Dividend Yield % is 1.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Grocers by Vitamin Cottage stock overvalued right now?
Based on GuruFocus' analysis, Natural Grocers by Vitamin Cottage (NGVC) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.27, compared to a current price of $32.69 — trading 19.9% above its estimated fair value. The current Forward Dividend Yield % is 1.83% and 37.5% below the Retail - Defensive industry median of 2.93. Natural Grocers by Vitamin Cottage's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Natural Grocers by Vitamin Cottage (NGVC), the current Forward Dividend Yield % is 1.83% as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Natural Grocers by Vitamin Cottage (NGVC) Overvalued in 2026?
Based on GuruFocus' analysis, Natural Grocers by Vitamin Cottage stock appears to be overvalued.
The current stock price of $32.69 is trading 19.9% above its estimated GF Value™ of $27.27.
GuruFocus considers Natural Grocers by Vitamin Cottage to be Modestly Overvalued.
Key valuation signals for NGVC:
Forward Dividend Yield %: 1.83%
GF Value™: $27.27 vs. price of $32.69 (19.9% above fair value)
Industry Position: 37.5% below the Retail - Defensive median (#144 of 196)
No single metric tells the full story. See the NGVC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Natural Grocers by Vitamin Cottage Business Description
Natural Grocers by Vitamin Cottage Inc operates natural and organic grocery and dietary supplement stores. It offers the following product categories: natural and organic food, dietary supplements, natural body care, household, pet care products, books, and handouts. The Company has a single reporting segment, natural and organic retail stores, through which business is conducted. The company generates the majority of its revenue from grocery products and dietary supplements, and the rest from other products.
84GF Score
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