Does Vital Farms pay dividends?
Vital Farms (NASDAQ: VITL) does not pay a dividend.
Vital Farms's analyst rating consensus is a Moderate Buy. This is based on the ratings of 8 Wall Streets Analysts.
According to Vital Farms's latest financial reports the company's current revenue (TTM) is $0.47 B. In 2022 the company made a revenue of $0.36 B an increase over the years 2021 revenue that were of $0.26 B. The revenue is the total amount of income that a company generates by the sale of goods or services.
| Name | Hold | Shares |
|---|---|---|
| Blackrock Inc | 10.72% | 4,482,283 |
| William Blair Investment Management LLC | 5.80% | 2,425,673 |
| Karl Khoury | 4.63% | 1,935,449 |
| Vanguard Group Inc | 3.95% | 1,649,209 |
Quant Recommendation - NOG
Regular payouts for NOG are paid quarterly.
The complaint in Usler alleges that Vital “markets itself as an ethical company that treats animals in an ethical, humane, and transparent manner,” but that its marketing “is false and misleading, and its consumers have been tricked into paying an unjustifiably high premium.” Compl.
| Holder | Shares | Value |
|---|---|---|
| Amazon.com, Inc. | 1,603,230 | 38,493,552 |
| Pictet Asset Management Holding SA | 1,431,070 | 34,359,991 |
| Bank of America Corporation | 1,206,890 | 28,977,429 |
| Morgan Stanley | 969,281 | 23,272,437 |
For the year to December 2023, Vital Farms had an accrual ratio of -0.18. Therefore, its statutory earnings were very significantly less than its free cashflow. Indeed, in the last twelve months it reported free cash flow of US$39m, well over the US$25.6m it reported in profit.
It brought in $362.1 million in net revenue last year, marketing itself to customers willing to pay $6 to $10 — multiple times the current national average of $2.04 — for a carton of a dozen ethically produced eggs. O'Hayer launched Vital Farms in 2007 with 20 Rhode Island Red hens on a 27-acre farm near Austin, Texas.
“We've been a purpose-driven business since day one, challenging ourselves every day to forge a path that we believe raises the standards in the food industry and positively impacts the future of all our stakeholders,” said Russell Diez-Canseco, President & CEO, Vital Farms.
Is Vital Farms an ethical company?
Our eggs and butter from family farms are delicious, ethical food you don't have to question. We're on a mission to bring ethically produced food to the table and are pleased to share our progress. This 2024 Impact Update describes how our results-driven, holistic approach to stakeholder resilience comes to life.
Vital Farms went public in July 2020, raising $205 million in an IPO. The company sells pasture-raised egg and related products in North America.
Because our eggs are natural and not from a factory farm, you may see some variation in egg size.
At the most basic level, you only need to own a stock by the ex-dividend date (or deadline) in order to get the dividend. And you can sell the stock a day or two after that, once everything settles. So in theory, you only need to own the stock for a couple of days to get the dividend.
The ex-dividend date is generally set two business days before the record date record date. It is a general rule that you must hold the stocks of the company before the ex-dividend date to be eligible for receiving the dividend amount.
How Long Do I Need to Own a Stock to Collect the Dividend? To collect a stock's dividend you must own the stock at least two days before the record date and hold the shares until the ex-date.
In Vital Farms' 2021 B-Corp Disclosure Report, it is named a “class action consumer lawsuit alleging deceptive marketing practices regarding humane treatment of animals” (B Corporation, Vital Farms, 2021). Obtains hens from hatcheries that kill all male chicks at birth through shockingly cruel methods.
Total Valuation. Vital Farms has a market cap or net worth of $1.05 billion.
The price we pay them is predictable for them, and we increase prices when grain costs go up so that they aren't upside down and stuck kind of paying the bill for inflation that we're seeing, the net result of which is we have a pretty reliable supply of eggs for our business," Diez-Canseco explained.
While all of the farms we work with already follow incredibly high standards, our approach to regenerative agriculture takes it to the next level. Vital Farms Restorative Eggs are also Pasture-Raised, USDA Certified Organic, and produced using regenerative farming practices.
How many farms does Vital Farms have?
We began as a single farm. As we grew, we didn't make our farm bigger. Instead, we found more like-minded farmers who put the welfare of the animals first. Today, over 300 small family farms commit to our exacting standards and the farming practices that we believe are best for the hens and the land.
We are mission-minded people working together to bring ethically produced food from family farms to families' tables. As pasture-raising pioneers, we've grown from a single farm in Austin, Texas to the leading U.S. brand of pasture-raised eggs in the country.
Stewart & Lynda Resnick - 190,000 farmland acres
Today, the couple's $4 billion Wonderful Company produces scores of high-quality, healthy products such as Wonderful Halos Mandarins, Wonderful Pistachios, Wonderful Almonds, and POM Wonderful 100% Pomegranate Juice on their acres in California and Texas.
Meet The Hens
Most of our blue eggs come from Azur hens, an heirloom breed of hens with signature white feathers who love the outdoors. Though they look different than our brown-feathered ladies, these girls are tended with the same love, care, and outdoor access on rotated pastures.
Vital Farms Butter starts with pasture-raised cows who are always treated with care and respect. Our four-legged ladies are 90% grass-fed, with access to the outdoors during the warm months (that's an average of 200 days a year!).
