MGP Ingredients (MGPI) Raises Quarterly Dividend 100% to $0.04; 0.4% Yield

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Go back to MGP Ingredients (MGPI) Raises Quarterly Dividend 100% to $0.04; 0.4% Yield

MGP Ingredients Declares $0.04 Quarterly Dividend

February 17, 2017 7:30 AM EST

ATCHISON, Kan., Feb. 17, 2017 (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 a quarterly dividend of 4 cents per share of common stock payable on March 24, 2017 to stockholders of record as of March 1, 2017.

This increased quarterly dividend serves to underscore the boards confidence in MGPs ability to realize its future strategic potential, while also acting on the continuing progress we have seen in generating near... More