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Costa Group Holdings Ltd (ASX: CGC) Share Price and News

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Costa Group Holdings Limited (CGC) is Australia’s largest grower, packer and marketer of fresh fruit and vegetables. Costa’s business operates in three core categories: Produce, Costa Farms and Logistics, International.

Costa’s produce is supplied to all the major Australian supermarket chains, as well as independent grocers and a range of food industry stakeholders. The company also exports to Asia, North America and Europe.

Costa’s operations include approximately 4,500 planted hectares of farmland, 30 hectares of glasshouse facilities and seven mushroom-growing facilities across the Australian continent.

Costa shares first listed on the ASX in 2015, but the company itself has a lengthy history in Australia with origins dating back to the 19th century.

Costa Group Holdings Ltd (ASX: CGC) Latest News

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Will Costa Group Holdings pay a dividend in 2020?

Costa Group has paid twice yearly, fully franked dividends every year since late 2016, the year following its initial listing on the ASX. The company paid dividends totalling 5.5 cents per share for CY2019 which consisted of an interim dividend paid in October 2019 and a final dividend paid in April 2020. Costa Group is scheduled to pay its CY2020 interim dividend in early October.

Does Costa Group offer a DRP?

Costa Group announced a Board approved dividend reinvestment plan on 24 August 2016 however the plan is not yet active. Any future activation of the DRP will be advised on the ASX and on the company’s website.