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FDP - Fresh Del Monte Produce doubles dividend to $0.10
Fresh Del Monte Produce Inc.
Fresh Del Monte Produce (FDP) declares $0.10/share quarterly dividend, 100% increase from prior dividend of $0.05.Forward yield 1.66%Payable Dec. 4; for shareholders of record Nov. 11; ex-div Nov. 9."Swift implementation of working capital measures led to improved cash flow and our ability to reduce our debt. As a result we will double our dividends in the fourth quarter of 2020," said Mohammad Abu-Ghazaleh, Chairman and CEO.See FDP Dividend Scorecard, Yield Chart, & Dividend Growth.