Cash Dividend On The Way From Ingles Markets (IMKTA)

Looking at the universe of stocks we cover at Dividend Channel, on 10/8/13, Ingles Markets, Inc. (IMKTA) will trade ex-dividend, for its quarterly dividend of $0.165, payable on 10/24/13. As a percentage of IMKTA's recent stock price of $26.94, this dividend works out to approximately 0.61%, so look for shares of Ingles Markets, Inc. to trade 0.61% lower — all else being equal — when IMKTA shares open for trading on 10/8/13.

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Below is a dividend history chart for IMKTA, showing historical dividends prior to the most recent $0.165 declared by Ingles Markets, Inc.:

IMKTA+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from IMKTA is likely to continue, and whether the current estimated yield of 2.45% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of IMKTA shares, versus its 200 day moving average:

Ingles Markets, Inc. 200 Day Moving Average Chart

Looking at the chart above, IMKTA's low point in its 52 week range is $15.29 per share, with $29.33 as the 52 week high point — that compares with a last trade of $26.94.

According to the ETF Finder at ETF Channel, IMKTA makes up 2.95% of the Dynamic Food & Beverage Portfolio ETF ( PBJ) which is trading higher by about 0.2% on the day Friday.

In Friday trading, Ingles Markets, Inc. shares are currently off about 0.2% on the day.

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