Fresh Del Monte Produce Inc.

NYSE:FDP Stock Report

Market Cap: US$1.6b

Fresh Del Monte Produce Dividends and Buybacks

Dividend criteria checks 4/6

Fresh Del Monte Produce is a dividend paying company with a current yield of 3.6% that is well covered by earnings. Next payment date is on 11th June, 2026 with an ex-dividend date of 19th May, 2026.

Key information

3.6%

Dividend yield

1.8%

Buyback Yield

Total Shareholder Yield5.4%
Future Dividend Yieldn/a
Dividend Growth8.8%
Next dividend pay date11 Jun 26
Ex dividend date19 May 26
Dividend per sharen/a
Payout ratio82%

Recent dividend and buyback updates

Recent updates

Narrative Update May 15

FDP: Share Buybacks And Miami Open Sponsorship Will Support Future Upside

Analysts have adjusted their price target on Fresh Del Monte Produce to $52.00, with the change driven by updated assumptions around revenue growth, profit margins, the discount rate, and an expected future P/E of 12.63x. What's in the News Fresh Del Monte Produce returned as the official sponsor of the Miami Open tennis tournament in its 41st year.
Seeking Alpha May 13

Fresh Del Monte: Buy The Dip

Summary Fresh Del Monte is a buy on the dip after a 10% post-earnings pullback, offering 31% upside to a $48 price target. FDP benefits from a robust logistics network, the recent Del Monte Foods acquisition, and a compelling 3.3% dividend yield with double-digit normalized free cash flow yield. Guidance calls for 13-15% sales growth in FY26, driven by acquisition synergies, with margin expansion led by the value-added and prepared foods segments. Risks include commodity price swings, adverse weather, and global logistics disruptions, but FDP's underlevered balance sheet and buyback capacity provide downside protection. Read the full article on Seeking Alpha
Narrative Update Apr 25

FDP: Share Buybacks And Sponsorship Presence Will Support Future Upside Potential

Analysts have kept their $52.00 price target for Fresh Del Monte Produce unchanged, reflecting consistent assumptions around the discount rate, revenue growth, profit margin, and future P/E, despite only minimal model tweaks. What's in the News Fresh Del Monte Produce returned as the official sponsor of the Miami Open tennis tournament, now in its 41st year, with brand presence across videoboards and on court activations during six matches at Hard Rock Stadium in Miami Gardens, Florida (Key Developments).
Narrative Update Apr 10

FDP: Share Buybacks Will Support Future Upside Potential

Analysts have reiterated a $52.00 price target for Fresh Del Monte Produce, reflecting unchanged assumptions on discount rate, revenue growth, profit margin and future P/E that together support a steady view of the stock's valuation. What's in the News Fresh Del Monte Produce returned as an official sponsor of the Miami Open tennis tournament, now in its 41st year, hosting its Courtside Smoothie experience at Hard Rock Stadium in Miami Gardens, Florida (Key Developments).
Narrative Update Mar 26

FDP: Share Buybacks And Sponsorship Exposure Will Support Future Upside Potential

Analysts have left their $52.00 price target on Fresh Del Monte Produce unchanged, reflecting consistent assumptions for discount rate, revenue growth, profit margin, and future P/E multiple. What's in the News Fresh Del Monte Produce returned as the official sponsor of the Miami Open, offering three branded smoothie combinations at the Courtside Smoothie experience at Hard Rock Stadium in Miami Gardens, Florida, from March 15 to March 29 (Key Developments).
Narrative Update Mar 12

FDP: Share Repurchases Will Support Stronger Future Upside Potential

Analysts maintain their target for Fresh Del Monte Produce at $52.00, reflecting broadly unchanged views on fair value, discount rate, growth, and profit margin assumptions in their models. What's in the News Fresh Del Monte Produce returned as the official sponsor of the Miami Open tennis tournament, offering three branded smoothie recipes at its Courtside Smoothie experience at Hard Rock Stadium in Miami Gardens, Florida (Key Developments).
Narrative Update Feb 25

FDP: Higher Margin Outlook And Buybacks Will Support Stronger Future Upside

Analysts have raised their fair value estimate for Fresh Del Monte Produce to $52 from $46, citing updated assumptions around discount rates, profit margins, and a lower future P/E multiple as the key drivers of this change. What's in the News Fresh Del Monte Produce reported completing a share repurchase of 865,773 shares, representing 1.81% of its shares, for a total of US$29.81 million under a buyback authorized on February 24, 2025 (Key Developments).
Narrative Update Sep 26

Pineapple Supply Disruptions And Climate Risks Will Crush Margins

The upward revision in Fresh Del Monte Produce’s price target is primarily driven by a notable increase in its future P/E multiple, reflecting improved growth expectations despite a higher discount rate, raising the fair value estimate from $42.00 to $46.00. What's in the News Announced a joint venture with Managro Group to expand an avocado and lime packing house in Colombia, enhancing supply chain capabilities and broadening presence in high-growth categories for North American and European markets.
Analysis Article Mar 03

Fresh Del Monte Produce's (NYSE:FDP) Profits May Not Reveal Underlying Issues

Fresh Del Monte Produce Inc.'s ( NYSE:FDP ) robust recent earnings didn't do much to move the stock. However the...
Seeking Alpha Feb 24

Fresh Del Monte Produce: A Solid Trade, Hold Some For Income

Summary Fresh Del Monte Produce Inc. is recommended as a long-term buy, initially called at $23, now over $30, suggesting partial profit-taking and holding for dividends and growth. Despite a slight sales miss, Q4 saw profit increases due to lower input costs and better selling prices, with net income rising to $20.4 million. The balance sheet is strong with significant debt reduction and a new $150 million share repurchase program, enhancing shareholder value. For 2025, expect continued cost controls, a dividend hike, and EPS projections of $2.80 to $3.00, making FDP stock attractive at just over 10X FWD earnings. Read the full article on Seeking Alpha
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New Narrative Feb 09

New Pineapple Varieties And Facility Consolidation Will Strengthen Operations By 2025

Operational streamlining and strategic leadership hires are poised to boost profitability and net margins through efficiency and higher-margin opportunities.
Analysis Article Feb 03

Fresh Del Monte Produce (NYSE:FDP) Is Experiencing Growth In Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Seeking Alpha Jan 15

Fresh Del Monte Produce Remains A Sweet Prospect Despite Continued Underperformance

Summary Fresh Del Monte Produce is undervalued despite mixed financial performance as of late. The company has a strong market presence, being the largest marketer of fresh pineapples and a major player in most markets in which it operates. Despite revenue declines, profitability metrics like adjusted net income and operating cash flow have shown improvement, indicating potential for future growth. Shares are attractively priced both on an absolute basis and relative to similar firms, justifying a continued 'buy' rating for long-term investors. Read the full article on Seeking Alpha
Analysis Article Nov 03

Results: Fresh Del Monte Produce Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

As you might know, Fresh Del Monte Produce Inc. ( NYSE:FDP ) just kicked off its latest quarterly results with some...
Seeking Alpha Oct 29

Fresh Del Monte: Under The Radar, Long-Term Dividend Investors May Love This One

Summary Fresh Del Monte Produce offers strong dividend growth potential, with a low payout ratio and robust balance sheet supporting future increases. The company reported impressive earnings, with significant growth in gross profit and margins in two of its three segments. Despite headwinds, FDP's valuation suggests over 50% upside potential, especially if inflation cools and interest rates continue to decline. With ongoing improvements in cash flows and debt reduction, FDP is a solid long-term dividend play with attractive upside potential. Read the full article on Seeking Alpha
Seeking Alpha Aug 31

Fresh Del Monte Produce: Strategies Are Working, But A Key Technical Level Has Been Reached

Summary Fresh Del Monte Produce is showing that its strategies are working to increase margins in its largest segment. New product lines, including fresh guacamole and biofertilizer initiatives, showcase FDP's innovation and potential for future expansion. FDP's strategies in Japan and the UK, along with expanding the North American business, enhance FDP's gross margins and operational efficiencies. However, the stock reached a key technical level which could lead to a pullback. Read the full article on Seeking Alpha
Analysis Article Aug 28

There's Been No Shortage Of Growth Recently For Fresh Del Monte Produce's (NYSE:FDP) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Aug 03

Fresh Del Monte Produce Inc. (NYSE:FDP) Soars 25% But It's A Story Of Risk Vs Reward

Fresh Del Monte Produce Inc. ( NYSE:FDP ) shareholders would be excited to see that the share price has had a great...
Analysis Article Jul 17

Fresh Del Monte Produce (NYSE:FDP) Takes On Some Risk With Its Use Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 25

Are Investors Undervaluing Fresh Del Monte Produce Inc. (NYSE:FDP) By 47%?

Key Insights The projected fair value for Fresh Del Monte Produce is US$43.53 based on 2 Stage Free Cash Flow to Equity...
Seeking Alpha May 19

Fresh Del Monte Produce: Blame The Bananas

Summary We recap the Q1 earnings from Fresh Del Monte Produce. Weak banana sales have been a drag on otherwise strong results from fresh-cut and value-added products. We expect shares to remain volatile until there is evidence of a growth rebound. Read the full article on Seeking Alpha
Analysis Article Apr 24

Fresh Del Monte Produce's (NYSE:FDP) Returns On Capital Are Heading Higher

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Seeking Alpha Feb 26

Fresh Del Monte Produce Is Attractive Here

Summary Fresh Del Monte Produce Inc. is a vertically integrated food giant involved in the production, marketing, and distribution of fresh fruits and vegetables. The stock is currently at a 3-year low, offering a 4.2% yield, making it a compelling investment opportunity. Despite a slight dip in sales and higher production costs, the company has a healthy balance sheet and expects cost controls to boost margins in 2024. Read the full article on Seeking Alpha
Analysis Article Feb 06

There's No Escaping Fresh Del Monte Produce Inc.'s (NYSE:FDP) Muted Earnings

With a price-to-earnings (or "P/E") ratio of 10.1x Fresh Del Monte Produce Inc. ( NYSE:FDP ) may be sending bullish...
Seeking Alpha Dec 21

Fresh Del Monte Produce: Moderately Attractive And Trading Cheap

Summary Fresh Del Monte Produce's revenue has grown at a CAGR of 2%, which is expected to continue, owing to the highly competitive, commoditized nature of the fresh produce industry. Although its margins have experienced volatility during the last decade, we suspect the company can normalize at an elevated level. Long-term success appears achievable, owing to its scale and strong brand. This should support a continuation of its 2-3% growth rate with population and economic growth. FDP is underperforming its peers but is trading at a ~53% discount to these companies. We believe this sufficiently accounts for its financial weakness. The company appears undervalued with a FCF yield of ~15%. This illustrates a reasonable opportunity although we struggle to see a significant long-term upside. Read the full article on Seeking Alpha

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: FDP's dividend payments have been volatile in the past 10 years.

Growing Dividend: FDP's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Fresh Del Monte Produce Dividend Yield vs Market
How does FDP dividend yield compare to the market?
SegmentDividend Yield
Company (FDP)3.6%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.2%
Industry Average (Food)4.5%
Analyst forecast (FDP) (up to 3 years)n/a

Notable Dividend: FDP's dividend (3.6%) is higher than the bottom 25% of dividend payers in the US market (1.42%).

High Dividend: FDP's dividend (3.6%) is low compared to the top 25% of dividend payers in the US market (4.25%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (82.3%), FDP's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (32.6%), FDP's dividend payments are well covered by cash flows.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 09:59
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/27
Annual Earnings2025/12/26

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fresh Del Monte Produce Inc. is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Diane GeisslerBofA Global Research
Jonathan FeeneyBrean Capital Historical (Janney Montgomery)
Edgar RoeschCantor Fitzgerald & Co.