DIVIDEND ANNOUNCEMENT: MGP Ingredients Inc (New) (NASDAQ:MGPI) on 07/30/2020 declared a dividend of $0.1200 per share

MGP Ingredients Inc (New) (NASDAQ:MGPI) on 07/30/2020 declared a dividend of $ 0.1200 per share payable on September 04, 2020 to shareholders of record as of August 21, 2020.

MGP Ingredients Inc (New) (NASDAQ:MGPI) has paid dividends since 1990, has a current dividend yield of 1.2371133566% and has increased its dividends for 1 successive years.

MGP Ingredients Inc (New)'s market cap is $ 655,564,800 and has a PE ratio of 17.09. The stock price closed yesterday at $ 38.80 and has a 52 week low/high of $ 21.64 and $ 61.73.

MGP Ingredients is a producer and supplier of distilled spirits and specialty wheat protein and starch food ingredients. Co. has two reportable segments: distillery products and ingredient solutions. The distillery products segment processes corn and other grains (including rye, barley, wheat, barley malt, and milo) into food grade alcohol and distillery co-products, such as distillers feed (called dried distillers grain in the industry), fuel grade alcohol, and corn oil. Co. also provides warehouse services. The ingredient solutions segment consists primarily of specialty wheat starches, specialty wheat proteins, commodity wheat starches, and commodity wheat proteins.

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