MGP Ingredients, Inc. (NASDAQ:MGPI) Files An 8-K Other Events
Item 8.01. Other Events.
announced that the Board of Directors of the Company has declared
a quarterly dividend of 4 cents per share of common stock payable
on March 24, 2017 to stockholders of record as of March 1, 2017.
reference, is a press release announcing the dividend.
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(d)
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Exhibits
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99.1
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Press Release dated February 17, 2017.
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About MGP Ingredients, Inc. (NASDAQ:MGPI)
MGP Ingredients, Inc. is a holding company. The Company’s principal operating subsidiaries are MGPI Processing, Inc. and MGPI of Indiana, LLC (MGPI-I). The Company produces and supplies distilled spirits, and wheat proteins and starches. The Company’s distilled spirits include bourbon and rye whiskeys, and grain neutral spirits, including vodka and gin. The Company also produces industrial alcohol for use in both food and non-food applications. Its distillery products are derived from corn and other grains, including rye, barley, wheat, barley malt and milo. The Company operates through two segments: distillery products and ingredient solutions. Its distillery products segment consists of food grade alcohol and co-products of its distillery operations, including distillers feed, fuel grade alcohol and corn oil. Its ingredient solutions segment consists of specialty wheat starches, specialty wheat proteins, commodity wheat starch and commodity wheat protein or vital wheat gluten. MGP Ingredients, Inc. (NASDAQ:MGPI) Recent Trading Information
MGP Ingredients, Inc. (NASDAQ:MGPI) closed its last trading session up +0.24 at 44.05 with shares trading hands.
