BusinessWire - Ingles Markets Incorporated Class A (IMKTA) Ingles Markets, Incorporated Declares Quarterly Cash Dividend

IMKTA Ingles Markets Incorporated Class A

Ingles Markets, Incorporated Declares Quarterly Cash Dividend

ASHEVILLE, N.C.--(BUSINESS WIRE)--

Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) per share on all its Class B Common Stock. This is an annual rate of $0.66 and $0.60 per share, respectively. Dividends on both the Class A and Class B Common Stock are payable July 13, 2017, to all shareholders of record on July 6, 2017.

About Ingles Markets, Incorporated

Ingles Markets, Incorporated is a leading supermarket chain with operations in six southeastern states. Headquartered in Asheville, North Carolina, the Company operates 199 supermarkets. In conjunction with its supermarket operations, the Company operates neighborhood shopping centers, most of which contain an Ingles supermarket. The Company also owns a fluid dairy facility that supplies Company supermarkets and unaffiliated customers. The Company’s Class A Common Stock is traded on The NASDAQ Stock Market’s Global Select Market under the symbol IMKTA. For more information, visit Ingles’ website at www.ingles-markets.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170626005172/en/

26/06/2017

Underlying

IMKTAIngles Markets Incorporated Class A

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Ingles Markets Incorporated Class A

IMKTA Ingles Markets ...

Ingles Markets, Incorporated: Update to credit analysis: Business sale...

Our credit view of this issuer reflects its good regional market position, owned real estate, and very good liquidity constrained by its small scale and geographic concentration.