Fresh Del Monte Produce Inc (DMC) To Go Ex-Dividend on August 12th

Fresh Del Monte Produce Inc (NYSE:DMC) declared a quarterly dividend on Tuesday, July 28th. Shareholders of record on Wednesday, August 12th will be paid a dividend of 0.30 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Wednesday, August 12th.

Fresh Del Monte Produce Stock Performance

Fresh Del Monte Produce stock opened at $30.75 on Monday. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 43.31 and a beta of 0.25. Fresh Del Monte Produce has a 12 month low of $26.47 and a 12 month high of $43.58. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.04 and a current ratio of 2.23.

Fresh Del Monte Produce (NYSE:DMC) last posted its earnings results on Thursday, July 30th. The company reported $0.72 earnings per share (EPS) for the quarter. The firm had revenue of $1.22 billion during the quarter. Fresh Del Monte Produce had a net margin of 0.79% and a return on equity of 6.43%.

About Fresh Del Monte Produce

Fresh Del Monte Produce Inc is a vertically integrated producer, distributor and marketer of fresh and prepared food products. Its portfolio includes bananas, pineapples, melons, avocados, berries and other fresh fruits, along with vegetables, fresh-cut produce, juices, snacks and prepared foods. The company sells products under the Del Monte brand and other brands, as well as through private-label and foodservice channels.

Fresh Del Monte manages activities across much of the agricultural supply chain, including growing, sourcing, packing, transporting, marketing and distributing produce.