MGP Ingredients, Inc. (NASDAQ:MGPI) Will Pay A US$0.12 Dividend In Four Days
MGP Ingredients, Inc.'s stock is set to trade ex-dividend in four days, with a record date that will determine which shareholders are eligible for the upcoming dividend payment of US$0.12 per share. The company's trailing yield of 1.4% on its current stock price of US$34.01 indicates that investors can expect relatively stable income from their investment, but concerns remain about the sustainability of the dividend due to a sharp decline in earnings over the past five years.
- A sharp decline in earnings like MGP Ingredients' 6.6% per annum decline in recent years could be an early warning sign for dividend cuts, making it essential for investors to carefully assess the company's financial health before making any investment decisions.
- What steps is MGP Ingredients taking to reverse its declining earnings and ensure the long-term sustainability of its dividend payments, given the increasing scrutiny from investors on companies with declining profit margins?