MGP Ingredients declares $0.12 quarterly dividend
#MGP Ingredients #Quarterly Dividend #MGPI Stock #Spirits Industry #Food Ingredients #Investment Analysis #Corporate Governance
📌 Key Takeaways
- MGP Ingredients declared a $0.12 quarterly dividend per share
- The dividend represents a 1.86% yield and maintains a 16-year payment streak
- Company operates in both spirits and food ingredient segments across multiple locations
- Recent analyst coverage and leadership changes signal positive corporate direction
📖 Full Retelling
MGP Ingredients Inc. (NASDAQ:MGPI) announced its board of directors has declared a quarterly dividend of $0.12 per share of common stock in Atchison, Kansas on February 25, 2026, continuing its commitment to returning value to shareholders as the company maintains a 16-year streak of dividend payments. The dividend will be distributed on March 27, 2026, to stockholders of record as of March 13, 2026, representing a yield of 1.86%. The announcement comes as MGP Ingredients operates across multiple segments, including branded and distilled spirits and food ingredient solutions, with distilleries in Indiana, Kentucky, and Mexico, along with bottling operations in Missouri, Ohio, and Northern Ireland. The company's spirits portfolio includes bourbon brands such as Penelope, Rebel, Remus, and Yellowstone, as well as El Mayor tequila under its Luxco division, while also producing specialty fiber, protein, and starch ingredients for food products. Recent developments include Benchmark initiating coverage with a Buy rating and a $35.00 price target, highlighting confidence in the company's strategic management during challenging times in the spirits sector, along with a leadership transition as Karen Seaberg retired after more than 15 years on the Board, with CEO Julie Francis stepping into the director role.
🏷️ Themes
Corporate Dividends, Food & Beverage Industry, Investment Analysis
📚 Related People & Topics
MGP Ingredients
Food ingredients producer in the US
MGP Ingredients, Inc. is an American distilled spirits and food ingredients producer with headquarters in Atchison, Kansas. MGP Ingredients' distilled spirits are sold under about 50 different brand names by various bottling companies, in addition to products sold under their own labels, including T...
Entity Intersection Graph
No entity connections available yet for this article.
Original Source
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Nvidia, Salesforce earnings loom large - what’s moving markets Gold prices rebound on tariff jitters; silver, platinum and copper rally Nvidia set to report strong results and guidance, analysts say U.S. stock futures drift higher; Nvidia earnings to drive direction (South Africa Philippines Nigeria) MGP Ingredients declares $0.12 quarterly dividend By Investing.com Company News Published 02/25/2026, 07:33 AM MGP Ingredients declares $0.12 quarterly dividend 0 MGPI 1.85% ATCHISON, Kan. - MGP Ingredients Inc. (NASDAQ:MGPI) announced its board of directors has declared a quarterly dividend of $0.12 per share of common stock, according to a press release statement. The dividend will be paid on March 27, 2026 to stockholders of record as of March 13, 2026. This represents a dividend yield of 1.86%, and the company has maintained dividend payments for 16 consecutive years, according to InvestingPro data. MGP Ingredients operates as a provider of branded and distilled spirits and food ingredient solutions. The company operates distilleries in Indiana and Kentucky, a tequila distillery in Arandas, Mexico, and bottling operations in Missouri, Ohio, and Northern Ireland. The company’s portfolio includes bourbon brands Penelope, Rebel, Remus, and Yellowstone, as well as El Mayor tequila under its Luxco division. MGP Ingredients also produces specialty fiber, protein, and starch ingredients for food products. InvestingPro analysis suggests the stock is currently undervalued based on its Fair Value assessment. Subscribers gain access to 8 additional ProTips and a comprehensive Pro Research Report for deeper investment insights. In other recent news, MGP Ingredients has been in the spotlight with several key developments. Benchmark initiated coverage on the company with a Buy rating and a price target of $35.00, highlighting its strategic management during challenging times in the spirits sector and a shift in its legacy ...
Read full article at source