Fresh Del Monte Produce Inc., through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North 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. It offers pineapples, fresh-cut fruit, fresh-cut vegetables, melons, and vegetables; non-tropical fruits, such as grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries, and kiwis; other fruit and vegetables, and avocados; and prepared fruit and vegetables, juices, other beverages, and meals and snacks. The company also engages in the sale of poultry and meat products; and third-party freight services business. In addition, it manufactures and sells plastic and box products, such as bins, trays, bags, and boxes. The company offers its products under the Del Monte brand, as well as under other brands, such as UTC, Rosy, Fruit Express, Just Juice, Fruitini, Mann's Logo, Arcadian Harvest, Nourish Bowls, Broccolini, Caulilini, Better Burger Leaf, RomaLeaf, and other regional brands. It markets and distributes its products to retail stores, club stores, convenience stores, wholesalers, distributors, and foodservice operators. Fresh Del Monte Produce Inc. was founded in 1886 and is based in George Town, Cayman Islands.
Fresh Del Monte Produce Dividend Announcement
• Fresh Del Monte Produce announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2024-12-06. Ex dividend date: 2024-11-14
• Fresh Del Monte Produce annual dividend for 2024 was $1.00
• Fresh Del Monte Produce annual dividend for 2023 was $0.75
• Fresh Del Monte Produce's trailing twelve-month (TTM) dividend yield is 2.77%
• Fresh Del Monte Produce's payout ratio for the trailing twelve months (TTM) is 296.73%
• Fresh Del Monte Produce's dividend growth over the last five years (2018-2023) was 4.56% year
• Fresh Del Monte Produce's dividend growth over the last ten years (2013-2023) was 4.14% year
Fresh Del Monte Produce Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-14 | $0.25 | quarterly | 2024-12-06 |
2024-08-15 | $0.25 | quarterly | 2024-09-06 |
2024-05-15 | $0.25 | quarterly | 2024-06-07 |
2024-03-06 | $0.25 | quarterly | 2024-03-29 |
2023-11-14 | $0.20 | quarterly | 2023-12-08 |
2023-08-15 | $0.20 | quarterly | 2023-09-08 |
2023-05-16 | $0.20 | quarterly | 2023-06-09 |
2023-03-07 | $0.15 | quarterly | 2023-03-31 |
2022-11-15 | $0.15 | quarterly | 2022-12-09 |
2022-08-16 | $0.15 | quarterly | 2022-09-09 |
2022-05-17 | $0.15 | quarterly | 2022-06-10 |
2022-03-08 | $0.15 | quarterly | 2022-04-01 |
2021-11-16 | $0.15 | quarterly | 2021-12-10 |
2021-08-17 | $0.15 | quarterly | 2021-09-10 |
2021-05-18 | $0.10 | quarterly | 2021-06-11 |
2021-03-09 | $0.10 | quarterly | 2021-04-02 |
2020-11-09 | $0.10 | quarterly | 2020-12-04 |
2020-08-11 | $0.05 | quarterly | 2020-09-04 |
2020-05-12 | $0.05 | quarterly | 2020-06-05 |
2020-03-03 | $0.10 | quarterly | 2020-03-27 |
2019-11-12 | $0.08 | quarterly | 2019-12-06 |
2019-08-13 | $0.06 | quarterly | 2019-09-06 |
2018-11-13 | $0.15 | quarterly | 2018-12-07 |
2018-08-14 | $0.15 | quarterly | 2018-09-07 |
2018-05-08 | $0.15 | quarterly | 2018-06-01 |
2018-03-06 | $0.15 | quarterly | 2018-03-30 |
2017-11-14 | $0.15 | quarterly | 2017-12-08 |
2017-08-14 | $0.15 | quarterly | 2017-09-08 |
2017-05-08 | $0.15 | quarterly | 2017-06-02 |
2017-03-06 | $0.15 | quarterly | 2017-03-31 |
2016-11-14 | $0.15 | quarterly | 2016-12-09 |
2016-08-15 | $0.15 | quarterly | 2016-09-09 |
2016-05-09 | $0.12 | quarterly | 2016-06-03 |
2016-03-07 | $0.12 | quarterly | 2016-04-01 |
2015-11-06 | $0.12 | quarterly | 2015-12-04 |
2015-08-10 | $0.12 | quarterly | 2015-09-04 |
2015-05-04 | $0.12 | quarterly | 2015-05-29 |
2015-03-02 | $0.12 | quarterly | 2015-03-27 |
2014-11-07 | $0.12 | quarterly | 2014-12-05 |
2014-08-11 | $0.12 | quarterly | 2014-09-05 |
2014-05-05 | $0.12 | quarterly | 2014-05-30 |
2014-03-03 | $0.12 | quarterly | 2014-03-28 |
2013-11-08 | $0.12 | quarterly | 2013-12-06 |
2013-08-12 | $0.12 | quarterly | 2013-09-06 |
2013-05-06 | $0.12 | quarterly | 2013-05-31 |
2013-03-04 | $0.12 | quarterly | 2013-03-29 |
Fresh Del Monte Produce Dividend per year
Fresh Del Monte Produce Dividend growth
Fresh Del Monte Produce Dividend Yield
Fresh Del Monte Produce current trailing twelve-month (TTM) dividend yield is 2.77%. Interested in purchasing Fresh Del Monte Produce stock? Use our calculator to estimate your expected dividend yield:
Fresh Del Monte Produce Financial Ratios
Fresh Del Monte Produce Dividend FAQ
Other factors to consider when evaluating Fresh Del Monte Produce as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Fresh Del Monte Produce's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Fresh Del Monte Produce publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Fresh Del Monte Produce distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Fresh Del Monte Produce are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Fresh Del Monte Produce sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Fresh Del Monte Produce distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Fresh Del Monte Produce declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Fresh Del Monte Produce's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Fresh Del Monte Produce's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.