Looking at the universe of stocks we cover at Dividend Channel, on 11/30/11, Calavo Growers, Inc. (NASD: CVGW) will trade ex-dividend, for its annual dividend of $0.55, payable on 12/12/11. As a percentage of CVGW's recent stock price of $24.87, this dividend works out to approximately 2.21%, so look for shares of Calavo Growers, Inc. to trade 2.21% lower — all else being equal — when CVGW shares open for trading on 11/30/11.
Below is a dividend history chart for CVGW, showing historical dividends prior to the most recent $0.55 declared by Calavo Growers, Inc.:
|CVGW Dividend History|
|* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.|
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CVGW is likely to continue, and whether the current estimated yield of 2.21% on annualized basis is a reasonable expectation of annual yield going forward.
CVGW operates in the Food & Beverage sector, among companies like Bridgford Foods Corp. (NASD: BRID) which is trading flat today, and Feihe International Inc (NYSE: ADY) trading higher by about 0.8%. Below is a three month price history chart comparing the stock performance of CVGW, versus BRID and ADY.
In Monday trading, Calavo Growers, Inc. shares are currently up about 3% on the day.