Calavo Growers Declares Quarterly Dividend

Rhea-AI Summary

Calavo Growers, Inc. (Nasdaq: CVGW) has announced a quarterly cash dividend of $0.10 per share, which will be distributed on April 6, 2023, to shareholders of record as of March 24, 2023. As a leader in the avocado industry and provider of fresh food products, Calavo offers a range of produce including avocados, tomatoes, and papayas while emphasizing sustainability and innovation. The company has been operating since 1924 and sells its products under its trusted brand as well as private labels.

Positive

• Quarterly cash dividend of $0.10 per share announced.
• Dividend payment scheduled for April 6, 2023.

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• None.

SANTA PAULA, Calif., March 14, 2023 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today announced that its board of directors declared a quarterly cash dividend on its common stock of $0.10 per share. The dividend will be paid on April 6, 2023, to Calavo Grower’s shareholders of record as of the close of business on March 24, 2023.

About Calavo Growers, Inc.
Calavo Growers, Inc. (Nasdaq: CVGW) is a global leader in quality produce, including avocados, tomatoes and papayas, and a pioneer of healthy fresh-cut fruit, vegetables and prepared foods. Calavo products are sold under the trusted Calavo brand name, proprietary sub-brands, private label and store brands.

Founded in 1924, Calavo has a rich culture of constant 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 processing plants and packing facilities throughout the U.S. and Mexico. Learn more about The Family of Fresh™ at calavo.com.

Investor Contact	Media Contact
Julie Kegley, Senior Vice President	Thomas Federl, VP Communications, Marketing & ESG
Financial Profiles, Inc.	Calavo Growers, Inc.
calavo@finprofiles.com	Thomas.Federl@calavo.com
310-622-8246	843-801-4174

FAQ

What is the dividend amount for CVGW announced in March 2023?

Calavo Growers announced a dividend of $0.10 per share.

When will Calavo Growers pay its dividend?

The dividend will be paid on April 6, 2023.

What is the record date for the CVGW dividend?

The record date for the dividend is March 24, 2023.

How often does CVGW pay dividends?

Calavo Growers pays dividends quarterly.

Is the dividend from Calavo Growers sustainable?

The press release does not provide information on the sustainability of the dividend.