Calavo Growers, Inc. Declares Annual Dividend of $1.15 Per Share
October 29 2021 - 4:05PM
Calavo Growers, Inc. (“Calavo”) (“Company”) (Nasdaq-GS: CVGW), a
global avocado-industry leader and provider of value-added fresh
food, today announced that its board of directors has declared an
annual cash dividend on its common stock of $1.15 per share. The
dividend will be paid on December 3, 2021, to Calavo Growers’
shareholders of record as of the close of business on November 12,
2021.
“Calavo has paid an annual cash dividend every year since the
company became public in 2002, and we are pleased to continue this
tradition,” said Steven Hollister, Interim Chief Executive Officer
of Calavo. "This dividend indicates the confidence our board of
directors has in the Company and the team’s ability to execute
going forward.”
About Calavo Growers, Inc.
Calavo Growers, Inc. is a global avocado-industry leader and
provider of value-added fresh food serving retail grocery,
foodservice, club stores, mass merchandisers, food distributors and
wholesalers worldwide. The Company’s Fresh segment procures and
markets fresh avocados and select other fresh produce, including
tomatoes and papayas. The Renaissance Food Group (RFG) segment
creates, markets and distributes a portfolio of healthy fresh
foods, including fresh-cut fruit, fresh-cut vegetables and prepared
foods. The Foods segment manufactures and distributes guacamole and
salsa. Founded in 1924, Calavo’s fresh food products are sold under
the respected Calavo brand name as well as Garden Highway, Chef
Essentials and several private label and store brands.
Contact: Financial Profiles, Inc.Julie Kegley, Senior Vice
President(310) 622-8246calavo@finprofiles.com
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