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Total Produce shareholder dividends increase by 10%

Total Produce, a fresh produce provider, has said that it will pay a final dividend to shareholders of 2.2297 cent per share, an increase of 10 per cent on last year’s dividend. The Dublin headquartered company said it will pay the dividend on May 26th.

In a trading update issued on Thursday, the group said that “trading for the first four months has been satisfactory” and that led the company to raise its full-year adjusted earnings per share target “into the upper half of the previously announced 12 cent to 13 cent range”.

Commenting on the previously announced stake in the Oppenheimer Group, a statement said that Total Produce “continues to pursue attractive acquisition opportunities to further expand the group”.

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