Calavo Growers Declares Quarterly Dividend

Rhea-AI Summary

Calavo Growers (CVGW), a global leader in processing and distributing avocados, tomatoes, papayas, and guacamole, has announced a quarterly cash dividend of $0.20 per share. The dividend will be paid on January 31, 2025, to shareholders of record as of the close of business on January 10, 2025.

Positive

• Maintains consistent dividend payment of $0.20 per share, demonstrating financial stability
• Continues to provide regular income stream to shareholders

Negative

• None.

SANTA PAULA, Calif., Dec. 30, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the processing and distribution of avocados, tomatoes, papayas, and guacamole, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of $0.20 per share. The dividend is to be paid on January 31, 2025, to shareholders of record as of the close of business on January 10, 2025.

About Calavo Growers, Inc.
Calavo Growers, Inc. (Nasdaq: CVGW) is a global leader in the processing and distribution of avocados, tomatoes, papayas and guacamole. Calavo products are marketed under the trusted Calavo brand, proprietary sub-brands, and various private label and store brands. Founded in 1924, Calavo has a rich culture of innovation, sustainable practices and market growth. The company serves retail grocery, foodservice, club stores, mass merchandisers, food distributors and wholesalers worldwide. Calavo is headquartered in Santa Paula, California, with facilities throughout the U.S. and Mexico. Learn more about The Family of Fresh™ at calavo.com.

Investor Contact
Julie Kegley, Senior Vice President
Financial Profiles, Inc.
calavo@finprofiles.com
310-622-8246

FAQ

What is the dividend amount for Calavo Growers (CVGW) in Q1 2025?

Calavo Growers (CVGW) declared a quarterly cash dividend of $0.20 per share for Q1 2025.

When is the payment date for CVGW's Q1 2025 dividend?

The dividend payment date is January 31, 2025.

What is the record date for Calavo Growers' latest dividend?

The record date for CVGW's dividend is January 10, 2025.

How often does Calavo Growers (CVGW) pay dividends?

Calavo Growers pays dividends on a quarterly basis.

What products does Calavo Growers (CVGW) process and distribute?

Calavo Growers processes and distributes avocados, tomatoes, papayas, and guacamole.