Willamette Valley Vineyards (NASDAQ:WVVIP) Stock Price Down 1.1% – Time to Sell?

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

Willamette Valley Vineyards Stock Performance

The firm’s 50 day simple moving average is $3.67 and its 200-day simple moving average is $3.83.

Willamette Valley Vineyards Announces Dividend

The business also recently disclosed an annual dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 6th will be paid a dividend of $0.22 per share. This represents a dividend yield of 5.9%. The ex-dividend date is Friday, December 6th.

About Willamette Valley Vineyards

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.