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MGP Ingredients Declares $0.12 Quarterly Dividend

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MGP Ingredients (Nasdaq: MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, has announced a quarterly dividend of $0.12 per share of common stock. The dividend will be payable on August 30, 2024 to stockholders of record as of August 16, 2024. This declaration by the board of directors demonstrates the company's commitment to returning value to shareholders and may indicate confidence in its financial stability and future prospects.

MGP Ingredients (Nasdaq: MGPI), un fornitore leader di alcolici di marca e soluzioni per ingredienti alimentari, ha annunciato un dividendo trimestrale di $0,12 per azione di comune. Il dividendo sarà pagabile il 30 agosto 2024 agli azionisti registrati al 16 agosto 2024. Questa dichiarazione da parte del consiglio di amministrazione dimostra l'impegno dell'azienda a restituire valore agli azionisti e potrebbe indicare fiducia nella sua stabilità finanziaria e nelle prospettive future.

MGP Ingredients (Nasdaq: MGPI), un proveedor líder de licores de marca y soluciones de ingredientes alimentarios, ha anunciado un dividendo trimestral de $0.12 por acción de acciones ordinarias. El dividendo se pagarán el 30 de agosto de 2024 a los accionistas registrados a partir del 16 de agosto de 2024. Esta declaración por parte de la junta directiva demuestra el compromiso de la empresa de regresar valor a los accionistas y puede indicar confianza en su estabilidad financiera y perspectivas futuras.

MGP Ingredients (Nasdaq: MGPI), 브랜드 및 증류주 및 식품 성분 솔루션의 주요 제공업체가 분기배당금을 주당 0.12달러로 발표했습니다. 이 배당금은 2024년 8월 30일2024년 8월 16일 기준 주주들에게 지급됩니다. 이 이사회에 의한 선언은 주주들에게 가치를 반환하려는 회사의 의지를 보여주며, 재정 안정성과 미래 전망에 대한 신뢰를 나타낼 수 있습니다.

MGP Ingredients (Nasdaq: MGPI), un fournisseur leader de spiritueux de marque et de solutions d'ingrédients alimentaires, a annoncé un dividende trimestriel de 0,12 $ par action ordinaire. Le dividende sera payable le 30 août 2024 aux actionnaires enregistrés au 16 août 2024. Cette déclaration du conseil d'administration démontre l'engagement de l'entreprise à restituer de la valeur aux actionnaires et peut indiquer une confiance dans sa stabilité financière et ses perspectives futures.

MGP Ingredients (Nasdaq: MGPI), ein führender Anbieter von Marken- und Destillatsprit und Lebensmittelzutatenlösungen, hat eine Vierteljahresdividende von 0,12 USD pro Stammaktie angekündigt. Die Dividende ist am 30. August 2024 an Aktionäre zahlbar, die am 16. August 2024 im Aktienregister stehen. Diese Erklärung des Vorstandes zeigt das Engagement des Unternehmens, den Aktionären Wert zurückzugeben, und könnte Vertrauen in die finanzielle Stabilität und die zukünftigen Perspektiven signalisieren.

Positive
  • Consistent dividend payment indicates financial stability
  • Commitment to returning value to shareholders
Negative
  • None.

ATCHISON, Kan., Aug. 01, 2024 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of branded and distilled spirits as well as food ingredient solutions, today announced that its board of directors has declared a quarterly dividend of $0.12 cents per share of common stock.

The dividend is payable on August 30, 2024 to stockholders of record as of August 16, 2024.

About MGP Ingredients, Inc.
MGP Ingredients, Inc. (Nasdaq: MGPI) is a leading producer of premium branded and distilled spirits, as well as food ingredient solutions. Since 1941, we have combined our expertise and energy aimed at formulating excellence, bringing product ideas to life collaboratively with our customers.

As one of the largest distillers in the U.S., MGP’s offerings include bourbon and rye whiskeys, gins, and vodkas, which are created at the intersection of science and imagination, for customers of all sizes, from crafts to multinational brands. With distilleries in Kentucky and Indiana, and bottling operations in Missouri, Ohio, and Northern Ireland, MGP has the infrastructure and expertise to create on any scale.

MGP’s branded spirits portfolio covers a wide spectrum of brands in every segment, including iconic brands from Luxco, which was founded in 1958 by the Lux Family. Luxco is a leading producer, supplier, importer, and bottler of beverage alcohol products. Our branded spirits mission is to meet the needs and exceed the expectations of consumers, associates, and business partners. Luxco’s award-winning spirits portfolio includes well-known brands from four distilleries: Bardstown, Kentucky-based Lux Row Distillers, home of Ezra Brooks, Rebel, Blood Oath, David Nicholson, and Daviess County; Lebanon, Kentucky-based Limestone Branch Distillery, maker of Yellowstone Kentucky Straight Bourbon Whiskey, Minor Case Straight Rye Whiskey, and Bowling & Burch Gin; Jalisco, Mexico-based Destiladora González Lux, producer of 100% agave tequilas, El Mayor, Exotico, and Dos Primos; and the historic Ross & Squibb Distillery in Lawrenceburg, Indiana, where Penelope Bourbon, Remus Straight Bourbon Whiskey, and Rossville Union Straight Rye Whiskey are produced. The innovative and high-quality brand portfolio also includes Everclear Grain Alcohol, Pearl Vodka, Green Hat Gin, Saint Brendan’s Irish Cream, The Quiet Man Irish Whiskey, and other well-recognized brands.

In addition, our Ingredient Solutions segment offers specialty proteins and starches that help customers harness the power of plants and provide a host of functional, nutritional, and sensory benefits for a wide range of food products.

The transformation of American grain into something more is in the soul of our people, products, and history. We’re devoted to unlocking the creative potential of this extraordinary resource. For more information, visit mgpingredients.com.

For More Information
Investors:
Amit Sharma
Amit.sharma@mgpingredients.com

Media:
Greg Manis
913-360-5440 or greg.manis@mgpingredients.com


FAQ

What is the amount of MGP Ingredients' (MGPI) quarterly dividend for August 2024?

MGP Ingredients (MGPI) has declared a quarterly dividend of $0.12 per share of common stock for August 2024.

When is the payment date for MGP Ingredients' (MGPI) August 2024 dividend?

The dividend payment date for MGP Ingredients (MGPI) is August 30, 2024.

What is the record date for MGP Ingredients' (MGPI) August 2024 dividend?

The record date for MGP Ingredients' (MGPI) August 2024 dividend is August 16, 2024.

How often does MGP Ingredients (MGPI) pay dividends?

Based on the announcement of a quarterly dividend, MGP Ingredients (MGPI) appears to pay dividends on a quarterly basis.

MGP Ingredients Inc

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Beverages - Wineries & Distilleries
Wholesale-beer, Wine & Distilled Alcoholic Beverages
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United States of America
ATCHISON