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Last $40.07 USD
Change Today -0.54 / -1.33%
Volume 189.8K
FDP On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

fresh del monte produce inc (FDP) Snapshot

Open
$40.40
Previous Close
$40.61
Day High
$40.47
Day Low
$39.76
52 Week High
04/13/15 - $41.02
52 Week Low
04/21/14 - $26.40
Market Cap
2.1B
Average Volume 10 Days
153.5K
EPS TTM
$2.80
Shares Outstanding
52.1M
EX-Date
03/2/15
P/E TM
14.3x
Dividend
$0.50
Dividend Yield
1.25%
Current Stock Chart for FRESH DEL MONTE PRODUCE INC (FDP)

fresh del monte produce inc (FDP) Related Businessweek News

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fresh del monte produce inc (FDP) Details

Fresh Del Monte Produce Inc. produces, markets, and distributes fresh and fresh-cut fruit and vegetables worldwide. The company provides various fresh produce products, such as bananas, pineapples, melons, tomatoes, grapes, apples, pears, peaches, plums, nectarines, cherries, citrus, avocados, blueberries, and kiwi. It also offers other fruits, including strawberries, plantains, and mangos; prepared foods comprising prepared fruit and vegetables, juices, beverages, snacks, poultry, and meat products; and vegetables, such as potatoes, onions, bell peppers, and cucumbers. In addition, the company is involved in the ocean freight business; and the manufacture of plastic and box products, including bins, trays, bags, and boxes. It offers its products primarily under the DEL MONTE brand, as well as under other brands, such as UTC, Rosy, Fruit Express, Just Juice, Fruitini, and other regional brands. The company markets and distributes its products primarily to retail stores, club stores, wholesalers, distributors, and foodservice operators. Fresh Del Monte Produce Inc. was founded in 1886 and is headquartered in Coral Gables, Florida.

45,000 Employees
Last Reported Date: 02/18/15
Founded in 1886

fresh del monte produce inc (FDP) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.2M
President, Chief Operating Officer and Direct...
Total Annual Compensation: $996.2K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $416.3K
Senior Vice President of Colombia, Ecuador, C...
Total Annual Compensation: $473.8K
Senior Vice President of North America Sales,...
Total Annual Compensation: $428.2K
Compensation as of Fiscal Year 2014.

fresh del monte produce inc (FDP) Key Developments

Fresh Del Monte Produce Inc. Enters into New $800 Million Senior Unsecured Credit Facility

Fresh Del Monte Produce Inc. announced that the company entered into a new $800 million senior unsecured revolving credit facility (Credit Facility), with Bank of America, N.A. serving as the administrative agent and Merrill Lynch, Pierce, Fenner & Smith Inc. was sole lead arranger and sole book manager on the transaction. The Credit Facility has a five-year term, with a scheduled maturity date of April 15, 2020. The Credit Facility bears interest at a rate of LIBOR plus a margin that varies with the Company's leverage ratio. The current margin for advances is 1.25%. This Credit Facility replaces the Company's prior revolving credit facility which was scheduled to mature on October 23, 2017. The Credit Facility also includes a swing line facility and letter of credit facility. The Company intends to use funds borrowed under the Credit Facility from time to time for general corporate purposes, which may include working capital needs, capital expenditures, funding of possible acquisitions, possible share repurchases and satisfaction of other obligations of the Company.

Fresh Del Monte Produce Mulls Acquisitions

Fresh Del Monte Produce Inc. (NYSE:FDP) entered into a new $800 million senior unsecured revolving credit facility and intends to use funds borrowed for general corporate purposes, which may include working capital needs, capital expenditures, funding of possible acquisitions, possible share repurchases and satisfaction of other obligations.

Fresh Del Monte Produce Inc. Recommends Dividend for the Fiscal Year Ended December 26, 2014, Payable on May 29, 2015

The Board of Directors of Fresh Del Monte Produce Inc. recommended that a dividend for the fiscal year ended December 26, 2014 of $0.125 per ordinary share be declared and paid on the ordinary shares of the company. The dividend would be payable to all members (shareholders) whose names appeared on the Register of Members (Shareholders) of the company on May 6, 2015 and would be paid on May 29, 2015. The interim dividend of $0.125 per share declared on February 18, 2015 and payable on March 27, 2015 to all holders of Ordinary Shares as of March 4, 2015. Accordingly, the total dividend for the fiscal year ended December 26, 2014 would be $0.50 per share.

 

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FDP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Dean Foods Co $17.24 USD -0.53
Fyffes PLC €1.22 EUR -0.026
Hain Celestial Group Inc/The $64.01 USD -1.17
WhiteWave Foods Co/The $45.98 USD -0.65
Total Produce PLC €1.11 EUR -0.004
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Industry Analysis

FDP

Industry Average

Valuation FDP Industry Range
Price/Earnings 15.9x
Price/Sales 0.6x
Price/Book 1.2x
Price/Cash Flow 14.7x
TEV/Sales 0.4x
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