Trailing Dividend / Share
$0.47
Natural Grocers by Vitamin Cottage, Inc. (NGVC) Dividend History
Income profile from 2019 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
1.6%
Payout Ratio
23.7%
Sustainable
Dividend Streak
2 years
NGVC Dividend Income Check
Safety
23.7% payout ratio with sustainable safety profile.
Consistency
2 straight years of dividend increases.
Income Trend
Yield on cost is 3.6% and trend is falling.
NGVC Dividend Scorecard
Yield & Income
Dividend Yield1.6%
Trailing DPS$0.47
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout23.7%
Earnings SafetySustainable
FCF Payout21.1%
FCF SafetyWell Covered
Piotroski F-Score8/9
Growth
Growth Streak2 years
3Y CAGR8.4%
5Y CAGR-25.9%
Yield on Cost (5Y)3.6%
YOC Trendfalling
Total Returns
Buyback Yield0.2%
Total Shareholder Yield1.8%
1Y Total Return-24.3%
5Y Total Return197.1%
Div Contribution (5Y)28.5%
Estimated $10K growth (return + dividends):
5Y ago$29,71510Y ago$27,22420Y ago$20,045
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). NGVC's recent 5Y regime has been stronger than its full 10Y period, so 5Y can appear higher than 10Y.
NGVC Income Growth Story
Dividend per share and yield on cost over time (8 years of payments)
NGVC Dividend Safety Story
EPS is the container — dividend is what's drawn out
Get NGVC's next ex-dividend date and payout in your inbox
Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Natural Grocers by Vitamin Cottage, Inc. distributes 23.7% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 21.1%, rated "Well Covered".
Piotroski F-Score: 8/9 — strong financial health.
Growth Track Record
NGVC has raised its dividend for 2 consecutive years, with a 3-year CAGR of 8.4% and 5-year CAGR of -25.9%.
Total Shareholder Returns
Beyond cash dividends, NGVC returns capital through share repurchases. The combined picture: 1.6% dividend yield, 0.2% buyback yield, 1.8% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.6% and is currently falling. The 5-year total return is 197.1%, with dividends contributing 28.5% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $27,224 today.
NGVC Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$3.20
Avg/Payment$0.1600
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 18, 2026Latest | $0.1500 | — | 1.96% | Jun 3, 2026 |
| Mar 2, 2026 | $0.1500 | — | 2.01% | Mar 18, 2026 |
| Dec 1, 2025 | $0.1500 | ↑ +25.0% | 1.85% | Dec 10, 2025 |
| Sep 2, 2025 | $0.1200 | — | 1.25% | Sep 17, 2025 |
| May 27, 2025 | $0.1200 | — | 95.93% | Jun 11, 2025 |
| Mar 3, 2025 | $0.1200 | — | 1.04% | Mar 19, 2025 |
| Dec 2, 2024 | $0.1200 | ↑ +20.0% | 91.56% | Dec 18, 2024 |
| Sep 3, 2024 | $0.1000 | — | 5.36% | Sep 18, 2024 |
NGVC Dividend vs Peers
Comparable companies in the same industry
#4 yield in peer group
Div Yield
1.6%
#4 of 6
Safety
Sustainable
23.7% payout
Streak
2Y
-25.9% 5Y CAGR
Total Shareholder
1.8%
#4 of 6
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| NGVCNatural Grocers by V… | $694M | 1.6% | 23.7% | 2 | Sustainable |
3rd  KRThe Kroger Co. | $34.9B | 2.4% | 87.1% | 19 | At Risk |
1st  ACIAlbertsons Companies… | $6.9B | 3.8% | 30.8% | 1 | Sustainable |
 WMTWalmart Inc. | $934.0B | 0.8% | 34.3% | 52 | Sustainable |
2nd  TGTTarget Corporation | $59.4B | 3.4% | 55.4% | 43 | Sustainable |
 COSTCostco Wholesale Cor… | $421.9B | 0.5% | 27.0% | 22 | Sustainable |
NGVC Annual Dividend History (2010–2026)
17 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.30 | — | 2 | — | — | — | 2.1% |
| 2025 | $0.51 | 21.4% | 4 | $2.00 | 25.5% | 3.92x | 3.6% |
| 2024 | $0.42 | -70.0% | 4 | $1.47 | 28.6% | 3.50x | 3.0% |
| 2023 | $1.40 | 250.0% | 4 | $1.02 | 137.3% | 0.73x | 10.0% |
| 2022 | $0.40 | 29.0% | 4 | $0.94 | 42.6% | 2.35x | 2.8% |
| 2021 | $0.31 | -86.4% | 4 | $0.91 | 34.1% | 2.94x | 2.2% |
| 2020 | $2.28 | 3157.1% | 4 | $0.89 | 256.2% | 0.39x | 16.2% |
| 2019 | $0.07 | — | 1 | $0.42 | 16.7% | 6.00x | 0.5% |
| 2018 | $0.00 | — | 0 | $0.56 | — | — | — |
| 2017 | $0.00 | — | 0 | $0.31 | — | — | — |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
7+ years return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
NGVC — Frequently Asked Questions
Quick answers to the most common questions about buying NGVC stock.
How much dividend does NGVC pay per share?
Natural Grocers by Vitamin Cottage, Inc. (NGVC) pays a trailing 12-month dividend of $0.47 per share, with a current dividend yield of +1.6%. Payments are made Semi-Annual.
When is NGVC's next ex-dividend date?
NGVC's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. NGVC typically pays dividends Semi-Annual.
Is NGVC's dividend safe?
NGVC's dividend safety is rated "Sustainable" based on an earnings payout ratio of +23.7% and FCF payout ratio of +21.1%. The 2-year growth streak provides moderate confidence.
How many years has NGVC increased its dividend?
NGVC has 2 consecutive years of dividend growth. The 5-year dividend CAGR is -25.9%.
How often does NGVC pay dividends?
Natural Grocers by Vitamin Cottage, Inc. pays dividends Semi-Annual. The trailing 12-month total is $0.47 per share. Dividend data on this page covers 7+ years from 2019 to 2026.
How much would $10,000 invested in NGVC grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in NGVC five years ago would be worth approximately $29,715 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is NGVC's yield on cost for long-term holders?
NGVC's yield on cost — the current dividend divided by the original purchase price — is +3.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.6% market yield, thanks to the lower original cost basis.