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Stock impact report

MGP Ingredients board approves $25 mln share buyback and 25% dividend hike [MarketWatch]

MGP Ingredients, Inc. (MGPI) 
Last mgp ingredients, inc. earnings: 4/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.mgpingredients.com
Company Research Source: MarketWatch
MGP Ingredients board approves $25 mln share buyback and 25% dividend hike MGP Ingredients Inc. MGPI, -0.55% said Wednesday its board has approved a $25 million share buyback. The supplier of distilled spirits and specialty wheat proteins and starches said it is raising its quarterly cash dividend by 25% to 10 cents a share. The new dividend will be payable March 29 to shareholders of record as of March 13. Shares were not active premarket, but have fallen 8.5% in the last 12 months, while the S&P 500 SPX, -0.08% has gained 1.8%. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here. Show less Read more
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