MGP Ingredients (MGPI) Declares $0.06 Annual Dividend; 0.4% Yield
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March 12, 2015 7:30 AM EDT
ATCHISON, Kan., March 12, 2015 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today reported results for the full year ended December 31, 2014.
"We are very pleased with our 2014 results, both from a financial standpoint and in setting a solid foundation for our long term growth," said Gus Griffin, president and CEO of MGP. "We have turned the corner and are seeing steady improvement in all areas of our business."
2014 Highlights
Gross profit increased by $7.2 million to $28.4 million
Gross...
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March 12, 2015 7:29 AM EDT
ATCHISON, Kan., March 12, 2015 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced that its board of directors has declared an annual dividend of 6 cents per share of common stock payable on April 21, 2015 to stockholders of record as of March 26, 2015.
"The board views dividends as an important way to share the success of MGP with our stockholders. By increasing this year's annual dividend by 20 percent over the amount paid last year, we are recognizing the company's strong foundation... More
March 12, 2015 7:29 AM EDT
ATCHISON, Kan., March 12, 2015 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced that its board of directors has declared an annual dividend of 6 cents per share of common stock payable on April 21, 2015 to stockholders of record as of March 26, 2015.
"The board views dividends as an important way to share the success of MGP with our stockholders. By increasing this year's annual dividend by 20 percent over the amount paid last year, we are recognizing the company's strong foundation... More
March 12, 2015 7:28 AM EDT
ATCHISON, Kan., March 12, 2015 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI) (the "Company") today announced that on February 27, 2015, the Board of Directors of the Company authorized the purchase of up to $3,500,000 market value of the Company's common stock. Pursuant to the authorization, the Company is permitted to purchase its shares from time to time on the open market or in privately negotiated transactions.
Any repurchased shares will be held in treasury and may be used by the Company for general corporate purposes including stock-based employee benefit plans. The timing and the... More
March 12, 2015 7:28 AM EDT
ATCHISON, Kan., March 12, 2015 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI) (the "Company") today announced that on February 27, 2015, the Board of Directors of the Company authorized the purchase of up to $3,500,000 market value of the Company's common stock. Pursuant to the authorization, the Company is permitted to purchase its shares from time to time on the open market or in privately negotiated transactions.
Any repurchased shares will be held in treasury and may be used by the Company for general corporate purposes including stock-based employee benefit plans. The timing and the... More
