A fresh pair of shareholder payouts is flying off the shelves of Village Super Market (NASDAQ:VLGEA). The company has declared dividends for its class A and B common stock, which are to be $0.25 and $0.1625 per share, respectively. Both are to be paid on Oct. 24 to shareholders of record as of Oct. 2. That class A payout is in line with all of the company's preceding regular distributions stretching back to January 2012.
Last year, the company also declared special dividends of $1.00 per class A share and $0.65 for class B. Both were handed out at the end of December.
The just-declared class A dividend annualizes to an even $1.00 per share. That yields 2.8% at Village Super Market's most recent closing stock price of $36.32.
Fool contributor Eric Volkman has no position in Village Super Market. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.