Calavo Growers (CVGW) Raises Annual Cash Dividend 5.3% to $1.00; 1% Yield

Calavo Growers (NASDAQ: CVGW) declared an annual dividend of $1.00 per share, or $1 annualized. This is a 5.3% increase from the prior dividend of $0.95.

The dividend will be payable on December 7, 2018, to stockholders of record on November 16, 2018, with an ex-dividend date of November 15, 2018.

The annual yield on the dividend is 1 percent.

Chairman, President and Chief Executive Officer Lee E. Cole stated: “As has long been our established practice, we remain focused on rewarding our shareowners by balancing dual objectives of delivering annual cash dividends while also reinvesting profits to fund the expansion of our business. Disciplined execution of the company’s long-term growth strategy is driving our operating results higher and making these sustained dividend increases possible.”

For a dividend history and other dividend-related data on Calavo Growers (CVGW) click here.

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