The Board of Directors for fruit and vegetable company Fresh Del Monte Produce (NYSE:FDP) has declared a quarterly cash dividend of $0.125 per share. This is the same amount that the company has paid since March, when it raised its payout 25% from $0.10 a share.
Fresh Del Monte Produce's latest dividend will be payable on Sept. 6 to stockholders of record on Aug. 14. The current payout amount annualizes to $0.50 per share, and as of the market's close on Aug. 1, the company's stock price was $28.95 , which means the company's dividend has a 1.7% yield.
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