Calavo Growers (CVGW) Raises Annual Dividend 6.7% to $0.80; 1.5% Yield

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Calavo Growers, Inc. Declares 80 Cent Per Share Annual Cash Dividend

November 2, 2015 6:47 PM EST

Distribution Reflects a Five Cent Per Share Increase from Prior Year, Maintains Commitment to Shareholder Returns

SANTA PAULA, Calif.--(BUSINESS WIRE)-- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and expanding provider of value-added fresh food, today announced that its board of directors declared a $0.80 per share annual cash dividend on its common stock.

The board set Dec. 8, 2015 as the payment to all shareholders of record as of Nov. 17, 2015.

The distribution is a 6.7 percent increase from $0.75 per share last year. This is... More