UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Item 7.01. Regulation FD Disclosure.
Calavo Growers, Inc. is hereby furnishing the following information under Regulation FD.
On October 29, 2021, Calavo Growers, Inc. issued a press release, a copy of which is attached hereto as Exhibit 99.1 and incorporated by reference herein, announcing that its board of directors has declared an annual dividend of $1.15 per share of common stock, payable December 3, 2021, to shareholders of record on November 12, 2021.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
99.1 | Press Release dated October 29, 2021 of the Registrant |
104 | Cover Page Interactive Data File (embedded with the Inline XBRL document). |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Calavo Growers, Inc. | ||
October 29, 2021 | |||
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By: | /s/ Steven Hollister | ||
Steven Hollister | |||
Interim Chief Executive Officer | |||
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Exhibit 99.1
Calavo Growers, Inc. Declares Annual Dividend of $1.15 Per Share
SANTA PAULA, Calif. October 29, 2021—Calavo Growers, Inc. (“Calavo”) (“Company”) (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today announced that its board of directors has declared an annual cash dividend on its common stock of $1.15 per share. The dividend will be paid on December 3, 2021, to Calavo Growers’ shareholders of record as of the close of business on November 12, 2021.
“Calavo has paid an annual cash dividend every year since the company became public in 2002, and we are pleased to continue this tradition,” said Steven Hollister, Interim Chief Executive Officer of Calavo. "This dividend indicates the confidence our board of directors has in the Company and the team’s ability to execute going forward.”
About Calavo Growers, Inc.
Calavo Growers, Inc. is a global avocado-industry leader and provider of value-added fresh food serving retail grocery, foodservice, club stores, mass merchandisers, food distributors and wholesalers worldwide. The Company’s Fresh segment procures and markets fresh avocados and select other fresh produce, including tomatoes and papayas. The Renaissance Food Group (RFG) segment creates, markets and distributes a portfolio of healthy fresh foods, including fresh-cut fruit, fresh-cut vegetables and prepared foods. The Foods segment manufactures and distributes guacamole and salsa. Founded in 1924, Calavo’s fresh food products are sold under the respected Calavo brand name as well as Garden Highway, Chef Essentials and several private label and store brands.
Contact: Financial Profiles, Inc.
Julie Kegley, Senior Vice President
(310) 622-8246
calavo@finprofiles.com
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