MGP Ingredients, Inc. (MGPI) to Issue Quarterly Dividend of $0.12 on May 29th

MGP Ingredients, Inc. (NASDAQ:MGPI) announced a quarterly dividend on Wednesday, April 29th. Stockholders of record on Friday, May 15th will be paid a dividend of 0.12 per share on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, May 15th.

MGP Ingredients has a dividend payout ratio of 17.5% meaning its dividend is sufficiently covered by earnings. Research analysts expect MGP Ingredients to earn $2.00 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 24.0%.

MGP Ingredients Trading Up 4.1%

Shares of MGP Ingredients stock opened at $19.94 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.70 and a current ratio of 2.74. MGP Ingredients has a 52 week low of $16.45 and a 52 week high of $34.99. The stock has a 50 day moving average price of $19.24 and a two-hundred day moving average price of $22.76. The stock has a market capitalization of $426.12 million, a PE ratio of -1.79 and a beta of 0.45.

MGP Ingredients (NASDAQ:MGPI) last posted its earnings results on Wednesday, April 29th. The company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.11. MGP Ingredients had a positive return on equity of 7.48% and a negative net margin of 45.70%.The company had revenue of $106.43 million for the quarter, compared to analyst estimates of $105.32 million. During the same quarter last year, the company earned $0.36 earnings per share. The company’s revenue for the quarter was down 12.5% on a year-over-year basis. MGP Ingredients has set its FY 2026 guidance at 1.500-1.800 EPS. As a group, equities analysts anticipate that MGP Ingredients will post 1.62 earnings per share for the current fiscal year.

Key MGP Ingredients News

Here are the key news stories impacting MGP Ingredients this week:

• Positive Sentiment: MGP posted Q1 EPS of $0.15, well above the consensus $0.04, showing an earnings beat that likely lifted investor sentiment. Article Title
• Positive Sentiment: The company set FY2026 EPS guidance of $1.50–$1.80 (consensus ~1.59) and revenue guidance of $480–$500M, which markets interpreted as at least modestly constructive versus expectations. Press Release / Slide Deck
• Positive Sentiment: The board declared a quarterly dividend of $0.12 (annualized yield ~2.4%), which can support investor demand from income‑oriented holders. Press Release / Slide Deck
• Positive Sentiment: Zacks upgraded MGPI from “strong sell” to “hold”, removing a negative rating that may have reduced selling pressure. Zacks Coverage
• Neutral Sentiment: Full Q1 earnings call/transcripts were posted (Seeking Alpha, InsiderMonkey), supplying detail for investors but adding no new headline surprises. Earnings Call Transcript
• Negative Sentiment: Revenue fell ~12.5% year‑over‑year and the company reported a negative net margin (-45.7%), highlighting operating pressures that could limit multiple re‑rating until margins recover. Press Release / Slide Deck
• Negative Sentiment: TD Cowen cut its price target from $22 to $20 and kept a “hold” rating, implying minimal upside from current levels and providing a near‑term headwind for upside momentum. Analyst Note

MGP Ingredients Company Profile

MGP Ingredients, Inc (NASDAQ: MGPI) is a leading producer of distilled spirits and specialty ingredient solutions for the food, beverage and consumer products industries. Headquartered in Atchison, Kansas, the company operates two main facilities—its historic Atchison plant, founded in 1941 as Midwest Grain Products, and a modern distillery in Lawrenceburg, Indiana. MGP Ingredients supplies an array of distillation products under its beverage and ingredient segments, serving brand owners, private-label producers and co-packers worldwide.

The beverage segment features a broad portfolio of premium spirits, including bourbon and rye whiskies, vodka, gin and neutral spirits.