Calavo Growers, Inc. (CVGW) to Issue Quarterly Dividend of $0.20 on October 30th

Calavo Growers, Inc. (NASDAQ:CVGW – Get Free Report) declared a quarterly dividend on Sunday, September 8th, Zacks reports. Shareholders of record on Wednesday, October 2nd will be paid a dividend of 0.20 per share on Wednesday, October 30th. This represents a $0.80 annualized dividend and a yield of 2.81%. The ex-dividend date is Wednesday, October [...]

featured-image

Calavo Growers, Inc. ( NASDAQ:CVGW – Get Free Report ) declared a quarterly dividend on Sunday, September 8th, Zacks reports. Shareholders of record on Wednesday, October 2nd will be paid a dividend of 0.

20 per share on Wednesday, October 30th. This represents a $0.80 annualized dividend and a yield of 2.



81%. The ex-dividend date is Wednesday, October 2nd. This is a positive change from Calavo Growers’s previous quarterly dividend of $0.

10. Calavo Growers has decreased its dividend by an average of 36.1% annually over the last three years.

Calavo Growers has a dividend payout ratio of 47.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Calavo Growers to earn $1.

60 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 50.0%.

Calavo Growers Trading Down 1.1 % Shares of CVGW opened at $28.48 on Monday.

The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.77 and a current ratio of 2.

04. Calavo Growers has a 52-week low of $20.30 and a 52-week high of $31.

26. The firm has a market cap of $506.94 million, a price-to-earnings ratio of -316.

44 and a beta of 0.56. The business’s fifty day moving average is $24.

81 and its 200-day moving average is $25.49. Wall Street Analyst Weigh In Read Our Latest Stock Analysis on Calavo Growers About Calavo Growers ( Get Free Report ) Calavo Growers, Inc markets and distributes avocados, prepared avocados, and other perishable foods to retail grocery and foodservice customers, club stores, mass merchandisers, food distributors, and wholesale customers worldwide.

It operates through Grown and Prepared segments. The Grown segment distributes tomatoes and papayas; and procures avocados grown in California, Mexico, Peru, and Colombia. Featured Stories Five stocks we like better than Calavo Growers How to Evaluate a Stock Before Buying Top 5 ETFs to Own Now and Into 2025 Best Stocks Under $10.

00 Watch These 3 Former Short-Squeeze Stocks for a Big Rally Investing in Travel Stocks Benefits Simon Property REIT: A Safe Bet for Growth and Steady Dividends Receive News & Ratings for Calavo Growers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calavo Growers and related companies with MarketBeat.com's FREE daily email newsletter ..