Natural Grocers By Vitamin Cottage, Inc. dividend history

Natural Grocers By Vitamin Cottage, Inc. paid $11.0m in dividends in fiscal 2025. That was 23.7% of net income.

Dividends, buybacks and capital spending

Dividends (TTM): $13.1M
Buybacks, last 3 fiscal years: $181,000
Diluted share count: +0.1%; year over year
Total shareholder yield: 1.9%; dividends 1.9% + buybacks 0.0% of market value
Dividend payout ratio: 28%; of net income paid out

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Natural Grocers By Vitamin Cottage, Inc.: dividends by fiscal year, annual
Fiscal year	2011Sept 2011	2012Sept 2012	2013Sept 2013	2014Sept 2014	2015Sept 2015	2016Sept 2016	2017Sept 2017	2018Sept 2018	2019Sept 2019	2020Sept 2020	2021Sept 2021	2022Sept 2022	2023Sept 2023	2024Sept 2024	2025Sept 2025	LTMJun 2026
Dividends paid	—	—	—	—	—	—	—	0	0	6	51	9	9	32	11	13
Share buybacks	—	—	—	—	—	1	0	1	0	0	0	0	0	0	0	—
Dividends ÷ net income	—	—	—	—	—	—	—	0.0%	0.0%	31.5%	250.0%	42.4%	39.1%	93.9%	23.7%	27.5%
Dividends ÷ free cash flow	—	—	—	—	—	—	—	0.0%	0.0%	15.9%	186.9%	77.8%	32.4%	88.0%	45.7%	57.8%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Compare with peers

Head to head: NGVC vs VLGEA GO vs NGVC NGVC vs WMK

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Figures from Natural Grocers By Vitamin Cottage, Inc.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Natural Grocers By Vitamin Cottage, Inc.