Follow The Dividend: Ingles Markets, Incorporated (NASDAQ:IMKTA) expected to pay $0.17 on Oct 14, 2016

Follow The Dividend: Ingles Markets, Incorporated (NASDAQ:IMKTA) expected to pay $0.17 on Oct 14, 2016

Ingles Markets, Incorporated (NASDAQ:IMKTA) is expected to pay $0.17 on Oct 14, 2016. The indicated annual dividend is $0.66. Shareholders owning the stock before Oct 4, 2016 will be eligible to receive the payout. Based on Ingles Markets, Incorporated’s current price of $38.86, the dividend is 0.42%. This dividend’s record date is Oct 6, 2016 and the announcement date is Sep 26, 2016. About 3,093 shares traded hands. Ingles Markets, Incorporated (NASDAQ:IMKTA) has risen 17.23% since February 29, 2016 and is uptrending. It has outperformed by 5.01% the S&P500.

Ingles Markets, Incorporated is a supermarket chain. The company has a market cap of $812.15 million. The Firm operates approximately 70 supermarkets in Georgia, approximately 70 in North Carolina, approximately 40 in South Carolina, over 20 in Tennessee, approximately two in Virginia and approximately one in Alabama. It has a 14.05 P/E ratio. The Firm operates through retail grocery sales segment.

Insitutional Activity: The institutional sentiment increased to 0.96 in 2016 Q2. Its up 0.12, from 0.84 in 2016Q1. The ratio is positive, as 17 funds sold all Ingles Markets, Incorporated shares owned while 37 reduced positions. 14 funds bought stakes while 38 increased positions. They now own 22.62 million shares or 84.17% more from 12.28 million shares in 2016Q1.
Fuller & Thaler Asset Mngmt has 3,335 shares for 0% of their US portfolio. Advisory Ser Ntwk Ltd last reported 0% of its portfolio in the stock. Swiss Savings Bank accumulated 21,600 shares or 0% of the stock. Blackrock Inc has 3,922 shares for 0% of their US portfolio. Omni Ltd Liability Partnership has 6.05% invested in the company for 10.47M shares. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Ingles Markets, Incorporated (NASDAQ:IMKTA) for 356 shares. Moreover, Prudential Fin has 0.02% invested in Ingles Markets, Incorporated (NASDAQ:IMKTA) for 354,536 shares. The New York-based Jpmorgan Chase Co has invested 0% in Ingles Markets, Incorporated (NASDAQ:IMKTA). Blackrock holds 0% or 4,223 shares in its portfolio. Blackrock Fund Advisors last reported 328,173 shares in the company. Whittier Communications last reported 0% of its portfolio in the stock. Gerstein Fisher has 0.11% invested in the company for 23,497 shares. Wells Fargo Mn has 0% invested in the company for 34,443 shares. Bank & Trust Of America Corporation De holds 121,720 shares or 0% of its portfolio. Palo Capital Inc has invested 0.13% of its portfolio in Ingles Markets, Incorporated (NASDAQ:IMKTA).

Insider Transactions: Since June 1, 2016, the stock had 0 insider buys, and 2 insider sales for $385,170 net activity. Ingle Sharp Laura had sold 5,000 shares worth $192,612.

More notable recent Ingles Markets, Incorporated (NASDAQ:IMKTA) news were published by: Businesswire.com which released: “Ingles Markets, Incorporated Reports Sales and Net Income for Fourth Quarter …” on December 10, 2015, also Quotes.Wsj.com with their article: “DOW JONES, A NEWS CORP COMPANY” published on February 11, 2011, Seekingalpha.com published: “Ingles Markets Has A Bright Future Ahead (IMKTA)” on March 09, 2015. More interesting news about Ingles Markets, Incorporated (NASDAQ:IMKTA) were released by: Seekingalpha.com and their article: “Ingles Markets: A 6-Point Inspection” published on August 28, 2014 as well as Zacks.com‘s news article titled: “Weakness Seen in Ingles Markets (IMKTA): Stock Tumbles 12.3%” with publication date: December 14, 2015.

IMKTA Company Profile

Ingles Markets, Incorporated, incorporated on June 2, 1965, is a supermarket chain. The Firm operates approximately 70 supermarkets in Georgia, approximately 70 in North Carolina, over 40 in South Carolina, approximately 20 in Tennessee, approximately two in Virginia and approximately one in Alabama. The Firm operates through retail grocery sales segment. The Company’s Other segment includes remaining operations, which include fluid dairy and shopping center rentals.

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