Calavo Growers(NASDAQ:CVGW) Declares Dividend of $0.9000.

Calavo Growers (NASDAQ:CVGW) had declared a cash dividend of $0.9000 on Sep 27, 2016. The shares will quote ex-dividend on Nov 15, 2016 and the record date has been fixed for Nov 17, 2016. On Sep 27, 2016 share price, the yield comes out to be 1.3451%. The dividend payable date has been fixed on Dec 8, 2016.

In a different note, On Sep 8, 2016, DA Davidson said it Maintains its rating on Calavo Growers. In the research note, the firm Raises the price-target to $65.00 per share. The shares have been rated ‘Neutral’ by the firm.

Calavo Growers (CVGW) shares turned negative on Fridays trading session with the shares closing down -0.35 points or -0.53% at a volume of 1,27,182. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $66.37. The peak price level was also seen at $66.37 while the days lowest was $65.11. Finally the shares closed at $65.43. The 52-week high of the shares is $71.48 while the 52-week low is $43.08. According to the latest information available, the market cap of the company is $1,141 M.

Calavo Growers(CVGW) last announced its earnings results on Sep 7, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $263.15M. Analysts had an estimated revenue of $245.79M. Earnings per share were $0.73. Analysts had estimated an EPS of $0.61.

Several Insider Transactions has been reported to the SEC. On Sep 20, 2016, Kenneth J Catchot (President and COO) sold 35,647 shares at $69.00 per share price.Also, On Sep 20, 2016, Marc Laurence Brown (director) sold 1,000 shares at $68.86 per share price.On Sep 15, 2016, John M Hunt (director) sold 14,250 shares at $68.72 per share price, according to the Form-4 filing with the securities and exchange commission.

Calavo Growers Inc. (Calavo) is a provider of fresh food. The Company is engaged in the marketing and distribution of avocados prepared avocados and other perishable foods. It also delivers an array of fresh and prepared food products to food distributors produce wholesalers supermarkets convenience stores and restaurants. The Company sorts packs and/or ripens avocados tomatoes and/or Hawaiian grown papayas. The Company operates in three business segments: Fresh products Calavo Foods and Renaissance Food Group LLC (RFG). Its Fresh products segment is engaged in the distribution of avocados and other fresh produce products. Its Calavo Foods is engaged in the purchase manufacturing and distribution of prepared products including guacamole tortilla chips and salsa. The RFG segment is engaged in the manufacturing and distribution of fresh-cut fruit ready-to-eat vegetables recipe-ready vegetables and deli meat products.

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