Ingles Markets, Incorporated
IMKTA37 yrs growthConsumer Defensive · Stock · quarterly payer
Forward Yield
0.71%
Annual Dividend
$0.66
Payout Ratio
12%
5-Yr Growth
0.0%
Ex-Date
Apr 9, 2026
Frequency
Quarterly
Is IMKTA a good dividend stock?
YesIngles Markets, Incorporated (IMKTA) pays a quarterly dividend yielding 0.71% ($0.66/yr), with 37 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 37 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (12%)
- 56% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.71%
- Payout Ratio
- 12%
- Annual Dividend
- $0.66
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Apr 9, 2026
- Years of Growth
- 37
- Frequency
- quarterly
- Beta
- 0.61
- Market Cap
- $1.8B
- P/E Ratio
- 16.9
- 5-Yr Total Return
- 56%
- 52-Week Range
- $59.27 – $95.62
- Dividend Safety
- A · 97/100
- Ever Cut?
- No
Frequently Asked Questions
IMKTA Price — Last 12 Months
Daily close
Price Return
1 Year
+44%
3 Years
+10%
5 Years
+56%
52-Week Range
$59.27 – $95.62
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is IMKTA worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Ingles Markets, Incorporated is $160.54 per share, versus a market price of $92.85. That implies 73% of upside — a margin of safety of about 42%.
Fair Value
$160.54
Current Price
$92.85
Upside
+73%
Margin of Safety
42%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 12.4% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.3% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $5.49 EPS, $0.66 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
IMKTA Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 9, 2026 | — | $0.1650 | regular |
| Jan 8, 2026 | — | $0.1650 | regular |
| Oct 9, 2025 | — | $0.1650 | regular |
| Jul 10, 2025 | — | $0.1650 | regular |
| Apr 10, 2025 | — | $0.1650 | regular |
| Jan 10, 2025 | — | $0.1650 | regular |
| Oct 10, 2024 | — | $0.1650 | regular |
| Jul 11, 2024 | — | $0.1650 | regular |
| Apr 10, 2024 | — | $0.1650 | regular |
| Jan 11, 2024 | — | $0.1650 | regular |
| Oct 11, 2023 | — | $0.1650 | regular |
| Jul 5, 2023 | — | $0.1650 | regular |
| Apr 5, 2023 | — | $0.1650 | regular |
| Jan 5, 2023 | — | $0.1650 | regular |
Income Calculator
At $0.66 / yr per share
