MGP Ingredients, Inc. (NASDAQ:MGPI) Files An 8-K Other EventsItem 8.01. Other Events.
On August 2, 2017, MGP Ingredients, Inc. (the "Company") announced that the Board of Directors of the Company has declared a special dividend of 85 cents per share of common stock payable on September 8, 2017, to stockholders of record as of August 18, 2017.
Attached as Exhibit 99.1, and incorporated into this Item 8.01 by reference, is a press release announcing the dividend.
Item 9.01. Financial Statements and Exhibits.
(d)Exhibits
99.1Press Release dated August 2, 2017.
MGP INGREDIENTS INC ExhibitEX-99.1 2 ex991-q2cy2017specialdivid.htm EX 99.1 – SPECIAL DIVIDEND RELEASE Exhibit MGP DECLARES $0.85 SPECIAL DIVIDENDBoard approves distribution of cash related to recently concluded sale of ICPATCHISON,…To view the full exhibit click here
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.