Produce Investments Ltd (PIL) Announces Dividend of GBX 4.88

Produce Investments Ltd (LON:PIL) announced a dividend on Thursday, September 29th. Shareholders of record on Thursday, October 6th will be given a dividend of GBX 4.88 ($0.06) per share on Tuesday, November 1st. This represents a yield of 3.25%. The ex-dividend date of this dividend is Thursday, October 6th. This is a boost from Produce Investments’s previous dividend of $2.44. The official announcement can be seen at this link.

Shares of Produce Investments (LON:PIL) opened at 150.00 on Friday. Produce Investments has a 52-week low of GBX 120.12 and a 52-week high of GBX 177.50. The firm’s 50-day moving average price is GBX 148.82 and its 200-day moving average price is GBX 151.64. The stock’s market capitalization is GBX 40.26 million.

Dividend History for Produce Investments (LON:PIL)

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Produce Investments in a report on Thursday, August 11th.

Produce Investments Company Profile

Produce Investments plc is a United Kingdom-based holding company. The Company and its subsidiaries are engaged in growing, sourcing, packing and marketing fresh potatoes, daffodils bulbs and flowers. It operates through segments, including Fresh, Processing and Other. The Fresh segments consists of the sites, staff and assets that grow, source, pack and deliver fresh produce to customers, ranging from retailers, wholesalers to private businesses.

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