SENECA — Ingles Market, Inc., the supermarket chain with a presence in Seneca, Westminster and West Union, has good news for stockholders in the company.
Ingles (NASDAQ: IMKTA) announced this week it would be paying a dividend April 23 to all shareholders of record effective April 9.
The Ashville, N.C. company announced it would pay 16.5 cents per share on Class A Common Stock and 15 cents per share on all its Class B Common Stock. That projects to an annual rate of 66 cents and 60 cents per share, respectively.
According to the company’s filings with the Securities and Exchange Commission, Ingles reported an overall increase in sales of 3.6 percent to $804.9 million for its first fiscal quarter ended in December.
Ingles Market, Inc. operates 200 supermarkets in six southeastern states, including South Carolina. For more information on the company go to www.ingles-markets.com on the Web.
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