Calavo Growers to pay 10% higher dividend to reflect growing profitability and continued commitment to delivering shareholder returns.

Global Banking News-October 2, 2019-Calavo Growers to pay 10% higher dividend to reflect growing profitability and continued commitment to delivering shareholder returns

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The board of directors Calavo Growers Inc (Nasdaq-GS:CVGW) declared an annual cash dividend USD1.10 per share on the company's common stock, it reported on Tuesday.

This annual cash dividend on its common stock marks a growth of 10% from last year. The payout is the company's eighth consecutive increase and 18th straight dividend since becoming publicly traded on Nasdaq in 2002.

Shareholders of record as of 15 November 2019 will...

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