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Fresh Del Monte Produce Inc (FDP) is an integrated producer, marketer & distributor of fresh-cut fruit & vegetables.

It operates in three segments, (1)Fresh and value-added products segment, (2) Banana segment & (3) Other products and services segment,

The majority of income is from the Fresh and value-added products segment, which includes pineapples, fresh-cut fruit, fresh-cut vegetables, melons, vegetables, non-tropical fruit, other fruit and vegetables, avocados, and prepared foods.

Geographically, the company operates in North America, Europe, Asia, the Middle East, and Other, out of which the highest is from North America.

It markets and distributes its products to retail stores, club stores, convenience stores, wholesalers, distributors, and food service operators.

Fresh Del Monte Produce Inc. was founded in 1886 and is based in George Town, Cayman Islands.

Three key data points gauge Fresh Del Monte Produce or any dividend-paying firm. The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.

FDP Price

FDP’s price grew 20% in the past year from $25.38 to $29.92 as of Monday’s market close.

In the past 3 years, the company’s share price has ranged from $21.25 to $34.92. BTW, the all-time high share price of $66.86 was reached in November 25, 2016.

Should FDP share price realize a $5.08 price gain in the coming year,  its share price might grow to $35.

FDP Dividends

Fresh Del Monte Produce has paid annual variable quarterly dividends since March 2002. The company’s most recent Q dividend of $0.30 was declared February 21st for shareholders of record prior to March 10th. The dividend was paid on March 28th. The forward-looking annual dividend of $1.20 yields 4.01% per Monday’s closing price.

FDP Returns

Putting it all together, a $6.28 estimated gross gain per share shows up by adding Fresh Del Monte’s annual $1.20 dividend to an estimated $5.08 annual gross price gain, totaling that $6.28 gross gain amount.

A little under $1000 buys 33 shares at Friday’s $29.92 share price.

So, a $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.30 per share out of the $6.28 gross gain to give us a $5.98 net amount per share to multiply by 30 shares. That result comes to $179.40 for about an 18% estimated net gain in the coming year.

Furthermore, $40.10 in annual dividend income from your $1,000 investment in Fresh Del Monte Produce is 34% greater than the $29.92 single-share price. By these numbers, FDP could be considered an ideal dividend dog by my dog catcher standards.

Therefore, you may choose to pounce on FDP as an 139-year-old quarterly dividend-paying Cayman Island produce company with a 23-year  dividend payment record.

The exact track of FDPs future price and dividend will entirely be determined by market action and company finances.

Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.

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