Calavo Growers (CVGW) Raises Annual Cash Dividend 5.3% to $1.00; 1% Yield

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Go back to Calavo Growers (CVGW) Raises Annual Cash Dividend 5.3% to $1.00; 1% Yield

Calavo Growers, Inc. Declares $1.00 Per Share Annual Cash Dividend

October 2, 2018 9:00 AM EDT

Five Cents Per Share Increase from Last Year Reflects Companys Growing Profitability, Continued 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 $1.00 per share annual cash dividend on its common stock.

The board set Dec. 7, 2018 as the payment date to all shareholders of record as of Nov. 16, 2018.

The announced distribution is the companys seventh consecutive annual cash dividend increase... More