Willamette Valley Vineyards (NASDAQ:WVVIP) Trading Down 1.1% – Here’s Why

Shares of Willamette Valley Vineyards, Inc. (NASDAQ:WVVIP) fell 1.1% during trading on Thursday . The stock traded as low as $3.42 and last traded at $3.49. 1,540 shares changed hands during trading, a decline of 42% from the average session volume of 2,662 shares. The stock had previously closed at $3.53.

Willamette Valley Vineyards Stock Up 0.3 %

The stock has a 50 day moving average of $3.67 and a 200 day moving average of $3.83.

Willamette Valley Vineyards Announces Dividend

The company also recently declared an annual dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 6th will be issued a $0.22 dividend. The ex-dividend date of this dividend is Friday, December 6th. This represents a dividend yield of 5.9%.

Willamette Valley Vineyards Company Profile

Willamette Valley Vineyards, Inc produces and sells wine in the United States and internationally. The company operates through two segments, Direct Sales and Distributor Sales. It primarily offers Pinot Noir, Chardonnay, Pinot Gris, Pinot Blanc, Sauvignon Blanc, Gruner Veltliner, Rose, Brut, Brut Rose, and Riesling branded wines under the Willamette Valley Vineyards label; Semi-Sparkling Muscat branded wine under the Tualatin Estate Vineyards label; Syrah, Merlot, Cabernet Sauvignon, Grenache, Cabernet Franc, Tempranillo, Malbec, The Griffin, and Viognier branded wines under the Griffin Creek label; and Brut, Brut Rose, and Blanc de Blancs under the Domaine Willamette label.