Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Ingles Markets Declares New Set of Dividends

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

Ingles Markets (NASDAQ: IMKTA  ) is about to share its profits with more than one category of its shareholders. The company will distribute fresh dividends to holders of both its class A and class B levels of common stock. To the former, Ingles will distribute $0.165 and to the latter $0.15 per share. Both distributions will be paid on April 25 to shareholders of record as of April 11.

Both dividends match the company's previous regular quarterly disbursements, which were handed out last October.

The class A dividend annualizes to $0.66 per share, while that of the class B payout comes to $0.60. These yield 3.1% and 2.9%, respectively, at Ingles' current stock price of $20.98.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2340327, ~/Articles/ArticleHandler.aspx, 9/29/2016 6:08:36 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 8 hours ago Sponsored by:
DOW 18,339.24 110.94 0.61%
S&P 500 2,171.37 11.44 0.53%
NASD 5,318.55 12.84 0.24%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/28/2016 4:00 PM
IMKTA $38.76 Up +0.36 +0.94%
Ingles Markets CAPS Rating: ***