Calavo Growers, Inc. (NASDAQ:CVGW) Updates On Quarterly Dividend


As per Calavo Growers, Inc. (NASDAQ:CVGW) statement on 2015-11-04, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.8 per share as dividend to stakeholders. The record date is set as 2015-11-17, the payout date as 2015-12-08 and the ex-dividend date is 2015-11-13.

Last fiscal Calavo Growers, Inc. (NASDAQ:CVGW) disbursed cash dividend of $0.8. A year ago, the payout was $0.8, which indicates a difference of 7.1429%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.8, implying 8.4472% growth.

For the period ended on 2015-10-31, Calavo Growers, Inc. (NASDAQ:CVGW)’s earnings came at $0.56 per share compared to EPS of $0.54 a year ago. This quarter the firm can post earnings for quarter ending 2016-07-31 on or around 2016-09-01. For this quarter, the analysts have earnings estimate of $0.61 per share.

The interim price target for Calavo Growers, Inc. (NASDAQ:CVGW) is set at $70. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Calavo Growers, Inc. (NASDAQ:CVGW) is seen at $75 and the lowest level is established at $65. This broad range highlights a standard deviation of $4.396 in reported estimates.

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