Cash Dividend On The Way From Calavo Growers, Inc. (CVGW)

DividendChannel.com

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
Date Div*
11/29/10 0.550
11/27/09 0.500
12/05/08 0.350
12/12/07 0.350
12/13/06 0.320
12/13/05 0.320
11/10/04 0.300
11/13/03 0.250
11/13/02 0.200
* 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.

Click here to find out which 9 other stocks going ex-dividend you should know about, at DividendChannel.com »

According to the ETF Finder at ETF Channel, CVGW makes up 1.93% of the S&P SmallCap Consumer Staples Portfolio ETF (NASD: PSCC) which is trading up by about 2.3% on the day Monday.

See what other ETFs contain CVGW » See what other stocks are held by PSCC »

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.

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