Fresh Del Monte Produce Inc Plans Quarterly Dividend of $0.30 (NYSE:DMC)

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

Fresh Del Monte Produce Stock Performance

Shares of DMC stock opened at $30.75 on Monday. 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 has a fifty-two week low of $26.47 and a fifty-two week high of $43.58. The company has a market capitalization of $1.45 billion, a PE ratio of 43.31 and a beta of 0.25.

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

Fresh Del Monte Produce Company Profile

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.