UPDATE: Calavo Growers (CVGW) Boosts Annual Dividend 12.5% to 90c/Share; Yields 1.3%

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Go back to UPDATE: Calavo Growers (CVGW) Boosts Annual Dividend 12.5% to 90c/Share; Yields 1.3%

Calavo Growers, Inc. Declares 90 Cents Per Share Annual Cash Dividend

September 27, 2016 9:00 AM EDT

Distribution Increases 10 Cents Per Share, or 12.5 Percent, from Last Year, Reflecting Strong Profit Growth and Commitment to Delivering 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 $0.90 per share annual cash dividend on its common stock.

The board set Dec. 8, 2016 as the payment to all shareholders of record as of Nov. 17, 2016.

The distribution is a 12.5 percent increase from $0.80 per... More