Fresh Del Monte Produce Inc. (NYSE:FDP) Announces Quarterly Dividend of $0.30

Fresh Del Monte Produce Inc. (NYSE:FDP) announced a quarterly dividend on Monday, February 24th, RTT News reports. Investors of record on Monday, March 10th will be paid a dividend of 0.30 per share on Friday, March 28th. This represents a $1.20 annualized dividend and a yield of 3.89%. This is a boost from Fresh Del Monte Produce’s previous quarterly dividend of $0.25.

Fresh Del Monte Produce has raised its dividend payment by an average of 26.0% per year over the last three years.

Fresh Del Monte Produce Price Performance

Shares of NYSE:FDP opened at $30.83 on Monday. The business has a 50 day moving average price of $31.71 and a 200 day moving average price of $30.95. Fresh Del Monte Produce has a twelve month low of $21.23 and a twelve month high of $35.27. The company has a market cap of $1.48 billion, a price-to-earnings ratio of 93.43 and a beta of 0.39. The company has a quick ratio of 1.04, a current ratio of 2.09 and a debt-to-equity ratio of 0.14.

Fresh Del Monte Produce Company Profile

Fresh Del Monte Produce Inc, through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Central America, South America, Europe, the Middle East, Africa, Asia, and internationally. It operates through three segments: Fresh and Value-Added Products, Banana, and Other Products and Services.