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 dividend yield of 3.9%. The ex-dividend date of this dividend is Wednesday, August 12th.

Fresh Del Monte Produce Stock Performance

NYSE DMC opened at $30.75 on Monday. 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 has a 1-year low of $26.47 and a 1-year high of $43.58. The company has a current ratio of 2.23, a quick ratio of 1.04 and a debt-to-equity ratio of 0.21.

Fresh Del Monte Produce (NYSE:DMC) last issued its earnings results on Thursday, July 30th. The company reported $0.72 EPS for the quarter. The business 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%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings started coverage on Fresh Del Monte Produce in a report on Wednesday. They issued a “hold (c)” rating for the company. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Fresh Del Monte Produce has a consensus rating of “Hold”.

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.