MGP Ingredients (MGPI) Declares $0.08 Annual Dividend; 0.3% Yield

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Go back to MGP Ingredients (MGPI) Declares $0.08 Annual Dividend; 0.3% Yield

MGP Ingredients Board Declares $0.08 Annual Dividend

March 10, 2016 7:50 AM EST

ATCHISON, Kan., March 10, 2016 (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 8 cents per share of common stock payable on April 14, 2016 to stockholders of record as of March 21, 2016.

Todays dividend increase highlights the solid progress we have made toward transforming MGP and reflects our confidence in the Companys ability to deliver solid cash flow in 2016 and beyond, said Karen Seaberg, Chair of... More