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EmailThe board of directors for Santa Paula-based Calavo Growers announced Sept. 27 that it would pay a 90 cent dividend per share of its common stock.
The dividend is payable Dec. 8 to shareholders of record Nov. 17 and amounts to $15.7 million, a 12.5 percent increase over an 80 cent dividend 2015.
Calavo stock closed at $67.01 on Sept. 27, up 10 cents from the previous day.
• Contact Marissa Nall at mnall@pacbiztimes.com.
