MGP Ingredients (MGPI) Declares $0.85 Special Dividend; 1.5% Yield

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Go back to MGP Ingredients (MGPI) Declares $0.85 Special Dividend; 1.5% Yield

MGP Declares $0.85 Special Dividend

August 2, 2017 7:30 AM EDT

ATCHISON, Kan., Aug. 02, 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 special dividend of 85 cents per share of common stock payable on September 8, 2017 to stockholders of record as of August 18, 2017.

Karen Seaberg, Chair of the Board, commented, Todays announcement of this special dividend is further evidence of MGP's ability to deliver strong returns to our shareholders. The successful sale of ICP combined with our strong... More