Calavo Growers announces a quarterly dividend of $0.20 per share, with a revised record date of April 24, 2026.
Quiver AI Summary
Calavo Growers, Inc. has announced a quarterly cash dividend of $0.20 per share, with the record date amended from April 1, 2026, to April 24, 2026. The total dividend amount and payment date of April 29, 2026, remain unchanged. This adjustment was made to comply with Nasdaq requirements regarding dividend actions. Calavo, a leader in sourcing and distributing fresh avocados, tomatoes, and other products, has a long-standing history of growth and innovation since its founding in 1924 and operates globally from its headquarters in Santa Paula, California.
Potential Positives
- Calavo Growers, Inc. reaffirmed its commitment to returning value to shareholders by declaring a quarterly cash dividend of $0.20 per share.
- The amendment of the record date for the dividend indicates proactive compliance with Nasdaq notice requirements, reflecting strong corporate governance practices.
- The consistent dividend payment helps maintain investor confidence and support for the company’s financial health.
Potential Negatives
- The amendment of the record date for the declared dividend may raise concerns among investors about the company’s operational stability or administrative efficiency.
- Changing the record date could indicate potential mismanagement or oversight in the company's financial processes, possibly affecting investor confidence.
FAQ
What is the recent dividend announcement from Calavo Growers?
Calavo Growers announced a quarterly cash dividend of $0.20 per share on its outstanding common stock.
What is the new record date for Calavo's dividend?
The record date for the dividend has been amended to April 24, 2026.
When will the dividend be paid to shareholders?
The dividend will be paid on April 29, 2026, to shareholders on record as of the new date.
Why was the record date changed for Calavo's dividend?
The change was made to comply with Nasdaq's notice requirements regarding dividend actions.
What products does Calavo Growers offer?
Calavo Growers specializes in avocados, tomatoes, papayas, and guacamole products, serving various markets worldwide.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CVGW Revenue
$CVGW had revenues of $122.2M in Q1 2026. This is a decrease of -20.85% from the same period in the prior year.
You can track CVGW financials on Quiver Quantitative's CVGW stock page.
$CVGW Hedge Fund Activity
We have seen 78 institutional investors add shares of $CVGW stock to their portfolio, and 92 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FOURTH SAIL CAPITAL LP added 699,117 shares (+inf%) to their portfolio in Q4 2025, for an estimated $15,205,794
- SG CAPITAL MANAGEMENT LLC removed 522,247 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $11,358,872
- OLD WEST INVESTMENT MANAGEMENT, LLC removed 434,966 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $9,460,510
- BALYASNY ASSET MANAGEMENT L.P. removed 361,981 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $7,873,086
- NUANCE INVESTMENTS, LLC added 315,280 shares (+136.1%) to their portfolio in Q4 2025, for an estimated $6,857,340
- ANCORA ADVISORS LLC removed 314,510 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $6,840,592
- RUSSELL INVESTMENTS GROUP, LTD. removed 192,714 shares (-45.3%) from their portfolio in Q4 2025, for an estimated $4,191,529
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SANTA PAULA, Calif., April 13, 2026 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW) (the “Company” or “Calavo”) a global leader in sourcing, packing and distribution of fresh avocados, tomatoes, papayas and processing of guacamole and other avocado products, previously announced that its Board of Directors declared a quarterly cash dividend of $0.20 per share on the Company’s outstanding common stock.
On April 13, 2026, the Board of Directors amended the record date for the previously declared dividend from April 1, 2026 to April 24, 2026. Except for the change in the record date, the dividend remains unchanged in all respects, including the amount of $0.20 per share and the payment date of April 29, 2026. The Company made this change in connection with Nasdaq notice requirements applicable to dividend actions.
About Calavo Growers, Inc.
Calavo Growers, Inc. (Nasdaq: CVGW) is a global leader in the processing and distribution of avocados, tomatoes, papayas and guacamole. Calavo products are sold under the trusted Calavo brand name, proprietary sub-brands, private label and store brands. Founded in 1924, Calavo has a rich culture of innovation, sustainable practices and market growth. The Company serves retail grocery, foodservice, club stores, mass merchandisers, food distributors and wholesalers worldwide. Calavo is headquartered in Santa Paula, California, with facilities throughout the U.S. and Mexico. Learn more about The Family of Fresh™ at calavo.com.
Investor Contact
Alex Villalta
Senior Vice President
Financial Profiles, Inc.
[email protected]
310-622-8227
