Del Monte Corporation (DMC)Consumer Defensive | Farm Products | George Town, Cayman Islands | NYSE
28.23 USD
-0.07
(-0.247%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 28.23 |
Hot Take ↕ | July 11, 2026, 5:57 a.m. EDT
The investment case here is fundamentally broken despite the attractive headline yield. While the 4.25% dividend looks generous on paper, the company is burning cash (-$48M free cash flow) and slashing earnings (-67% quarterly growth) to fund it, resulting in a payout ratio of 83%. This is a classic value trap where the dividend is unsustainable given the deteriorating operational reality. The balance sheet is also fragile, with debt nearly ten times the cash on hand. Technically, the stock is trading well below its 50-day and 200-day averages, confirming a downtrend. The options market agrees, with heavy put buying suggesting investors expect further weakness. The analyst consensus of $52 is likely a theoretical floor based on historical multiples that no longer apply to a business in distress. Avoid this security until the turnaround story is proven by actual revenue growth and margin expansion, not just dividend announcements. |
| Attribute | Value |
|---|---|
| Sector | Consumer Defensive |
| Ex Dividend Date | 2026-05-18 |
| Last Dividend Date | 2026-05-18 |
| Debt to Equity Ratio | 30.988 |
| Revenue per Share | 89.44 |
| Market Cap | 1,343,087,616 |
| Trailing P/E | 19.47 |
| Forward P/E | 8.38 |
| Beta | 0.24 |
| Profit Margins | 1.63% |
| Website | https://www.freshdelmonte.com |
As of July 11, 2026, 5:57 a.m. EDT: Speculators are heavily positioned for downside protection, with significant open interest in out-of-the-money puts (strikes $22.50-$25.00) compared to calls. Call activity is concentrated in out-of-the-money strikes ($35.00-$50.00) but shows minimal volume relative to put positioning, indicating a bearish bias where traders are hedging against further declines rather than betting on a rally.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.93% | 3.26% | 3.50% | 2.99% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-05-19 | 0.300 | 0.926212 |
| 2026-03-04 | 0.300 | 0.703235 |
| 2025-11-12 | 0.300 | 0.816771 |
| 2025-08-13 | 0.300 | 0.813670 |
| 2025-05-14 | 0.300 | 0.946671 |
| 2025-03-10 | 0.300 | 0.977836 |
| 2024-11-14 | 0.250 | 0.747384 |
| 2024-08-15 | 0.250 | 0.910747 |
| 2024-05-15 | 0.250 | 1.033912 |
| 2024-03-06 | 0.250 | 1.030928 |
| 2023-11-14 | 0.200 | 0.828844 |
| 2023-08-15 | 0.200 | 0.750751 |
| 2023-05-16 | 0.200 | 0.761905 |
| 2023-03-07 | 0.150 | 0.479386 |
| 2022-11-15 | 0.150 | 0.538406 |
| 2022-08-16 | 0.150 | 0.512295 |
| 2022-05-17 | 0.150 | 0.592183 |
| 2022-03-08 | 0.150 | 0.576480 |
| 2021-11-16 | 0.150 | 0.526316 |
| 2021-08-17 | 0.150 | 0.470367 |
| 2021-05-18 | 0.100 | 0.282885 |
| 2021-03-09 | 0.100 | 0.340832 |
| 2020-11-09 | 0.100 | 0.455166 |
| 2020-08-11 | 0.050 | 0.204750 |
| 2020-05-12 | 0.050 | 0.208855 |
| 2020-03-03 | 0.100 | 0.359454 |
| 2019-11-12 | 0.080 | 0.253325 |
| 2019-08-13 | 0.060 | 0.217865 |
| 2018-11-13 | 0.150 | 0.476493 |
| 2018-08-14 | 0.150 | 0.390219 |
| 2018-05-08 | 0.150 | 0.316924 |
| 2018-03-06 | 0.150 | 0.316589 |
| 2017-11-14 | 0.150 | 0.323555 |
| 2017-08-14 | 0.150 | 0.304754 |
| 2017-05-08 | 0.150 | 0.276549 |
| 2017-03-06 | 0.150 | 0.261324 |
| 2016-11-14 | 0.150 | 0.238209 |
| 2016-08-15 | 0.150 | 0.249459 |
| 2016-05-09 | 0.125 | 0.255310 |
| 2016-03-07 | 0.125 | 0.296630 |
| 2015-11-06 | 0.125 | 0.277593 |
| 2015-08-10 | 0.125 | 0.328947 |
| 2015-05-04 | 0.125 | 0.339029 |
| 2015-03-02 | 0.125 | 0.355316 |
| 2014-11-07 | 0.125 | 0.370480 |
| 2014-08-11 | 0.125 | 0.396825 |
| 2014-05-05 | 0.125 | 0.432526 |
| 2014-03-03 | 0.125 | 0.474023 |
| 2013-11-08 | 0.125 | 0.466592 |
| 2013-08-12 | 0.125 | 0.421443 |
| 2013-05-06 | 0.125 | 0.492902 |
| 2013-03-04 | 0.125 | 0.475466 |
| 2012-11-09 | 0.100 | 0.390320 |
| 2012-08-13 | 0.100 | 0.404367 |
| 2012-05-14 | 0.100 | 0.400320 |
| 2012-03-12 | 0.100 | 0.446628 |
| 2011-11-14 | 0.100 | 0.388048 |
| 2011-08-15 | 0.100 | 0.432152 |
| 2011-05-16 | 0.500 | 1.866368 |
| 2011-03-14 | 0.050 | 0.197550 |
| 2010-11-15 | 0.050 | 0.227480 |
| 2006-11-13 | 0.050 | 0.324044 |
| 2006-08-15 | 0.050 | 0.315457 |
| 2006-05-15 | 0.200 | 1.184834 |
| 2006-02-07 | 0.200 | 0.883392 |
| 2005-11-07 | 0.200 | 0.788022 |
| 2005-08-09 | 0.200 | 0.782167 |
| 2005-05-09 | 0.200 | 0.694927 |
| 2005-02-08 | 0.200 | 0.630915 |
| 2004-11-08 | 0.200 | 0.741290 |
| 2004-08-10 | 0.200 | 0.802890 |
| 2004-05-10 | 0.200 | 0.871080 |
| 2004-02-09 | 0.200 | 0.769527 |
| 2003-11-06 | 0.200 | 0.769231 |
| 2003-08-08 | 0.100 | 0.384172 |
| 2003-05-08 | 0.100 | 0.469263 |
| 2003-02-06 | 0.050 | 0.243546 |
| 2002-11-06 | 0.050 | 0.173732 |
| 2002-08-08 | 0.050 | 0.194628 |
| 2002-05-08 | 0.050 | 0.216920 |
| 2002-02-07 | 0.050 | 0.316056 |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.16073549 |
| Address1 | Athena Tower |
| Address2 | 6th Floor 71 Fort Street PO Box 1569 |
| All Time High | 66.86 |
| All Time Low | 3.375 |
| Ask | 29.57 |
| Ask Size | 100 |
| Audit Risk | 3 |
| Average Daily Volume10 Day | 441,990 |
| Average Daily Volume3 Month | 484,337 |
| Average Volume | 484,337 |
| Average Volume10Days | 441,990 |
| Beta | 0.24 |
| Bid | 28.16 |
| Bid Size | 100 |
| Board Risk | 8 |
| City | George Town |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 4 |
| Country | Cayman Islands |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 28.23 |
| Current Ratio | 2.342 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 28.95 |
| Day Low | 28.135 |
| Debt To Equity | 30.988 |
| Display Name | Del Monte |
| Dividend Date | 1,781,136,000 |
| Dividend Rate | 1.2 |
| Dividend Yield | 4.24 |
| Earnings Growth | -0.672 |
| Earnings Quarterly Growth | -0.678 |
| Earnings Timestamp End | 1,785,328,200 |
| Earnings Timestamp Start | 1,785,328,200 |
| Ebitda | 245,300,000 |
| Ebitda Margins | 0.05747 |
| Enterprise To Ebitda | 7.829 |
| Enterprise To Revenue | 0.45 |
| Enterprise Value | 1,920,387,712 |
| Eps Current Year | 2.15 |
| Eps Forward | 3.37 |
| Eps Trailing Twelve Months | 1.45 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,779,148,800 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 31.7048 |
| Fifty Day Average Change | -3.4748 |
| Fifty Day Average Change Percent | -0.109598555 |
| Fifty Two Week Change Percent | -16.07355 |
| Fifty Two Week High | 43.58 |
| Fifty Two Week High Change | -15.350002 |
| Fifty Two Week High Change Percent | -0.35222584 |
| Fifty Two Week Low | 26.47 |
| Fifty Two Week Low Change | 1.7600002 |
| Fifty Two Week Low Change Percent | 0.066490375 |
| Fifty Two Week Range | 26.47 - 43.58 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 877,699,800,000 |
| Five Year Avg Dividend Yield | 2.67 |
| Float Shares | 42,861,767 |
| Forward Eps | 3.37 |
| Forward P E | 8.376855 |
| Free Cashflow | -47,950,000 |
| Full Exchange Name | NYSE |
| Full Time Employees | 8,562 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.09276 |
| Gross Profits | 395,900,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.18205 |
| Held Percent Institutions | 0.73105 |
| Implied Shares Outstanding | 47,576,609 |
| Industry | Farm Products |
| Industry Disp | Farm Products |
| Industry Key | farm-products |
| Ir Website | http://investorrelations.freshdelmonte.com/phoenix.zhtml?c=108461&p=irol-irhome |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Dividend Date | 1,779,148,800 |
| Last Dividend Value | 0.3 |
| Last Fiscal Year End | 1,766,707,200 |
| Long Business Summary | Del Monte Corporation, through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits and vegetables in North America, Europe, the Middle East, North Africa, Asia, and internationally. It operates through three segments: Fresh and Value-Added Products, Banana, and Other Products and Services. The company offers pineapples, fresh-cut fruit, fresh-cut vegetables, and fresh-cut salads; melons, vegetables, and non-tropical fruit, such as grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries, and kiwis; other fruit and vegetables, and avocados; prepared food, including prepared fruit and vegetables, juices, other beverages, and meals and snacks. It also markets bananas; and provides third-party freight and logistics service business; poultry and meats business; and specialty ingredients business. The company offers its products under the Del Monte brand, as well as under other brands, such as UTC, Rosy, Just Juice, Fruitini, Pinkglow, Del Monte Zero, Honeyglow, Rubyglow, Honey Miniglow, Bananinis, Mann, Mann's Logo, Broccolini, Caulilini, and other regional brands. It markets and distributes its products to retail stores, club stores, convenience stores, wholesalers, distributors, and foodservice operators. The company was formerly known as Fresh Del Monte Produce Inc. and changed its name to Del Monte Corporation in June 2026. Del Monte Corporation was founded in 1886 and is based in George Town, the Cayman Islands. |
| Long Name | Del Monte Corporation |
| Market | us_market |
| Market Cap | 1,343,087,616 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_368607 |
| Most Recent Quarter | 1,774,569,600 |
| Net Income To Common | 69,600,000 |
| Next Fiscal Year End | 1,798,243,200 |
| Non Diluted Market Cap | 1,346,418,034 |
| Number Of Analyst Opinions | 1 |
| Open | 28.5 |
| Operating Cashflow | 243,100,000 |
| Operating Margins | 0.03505 |
| Overall Risk | 6 |
| Payout Ratio | 0.8276 |
| Peg Ratio | 2.35 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 28.23 |
| Post Market Time | 1,783,981,119 |
| Previous Close | 28.3 |
| Price Eps Current Year | 13.130232 |
| Price Hint | 2 |
| Price To Sales Trailing12 Months | 0.31468782 |
| Profit Margins | 0.01631 |
| Quick Ratio | 1.001 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.0699997 |
| Regular Market Change Percent | -0.247349 |
| Regular Market Day High | 28.95 |
| Regular Market Day Low | 28.135 |
| Regular Market Day Range | 28.135 - 28.95 |
| Regular Market Open | 28.5 |
| Regular Market Previous Close | 28.3 |
| Regular Market Price | 28.23 |
| Regular Market Time | 1,783,972,802 |
| Regular Market Volume | 251,580 |
| Return On Assets | 0.0334 |
| Return On Equity | 0.03568 |
| Revenue Growth | -0.049 |
| Revenue Per Share | 89.44 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Consumer Defensive |
| Sector Disp | Consumer Defensive |
| Sector Key | consumer-defensive |
| Share Holder Rights Risk | 6 |
| Shares Outstanding | 47,576,609 |
| Shares Percent Shares Out | 0.0403 |
| Shares Short | 1,919,337 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 2,042,146 |
| Short Name | Del Monte Corporation |
| Short Percent Of Float | 0.083500005 |
| Short Ratio | 3.0 |
| Source Interval | 15 |
| Symbol | DMC |
| Target High Price | 52.0 |
| Target Low Price | 52.0 |
| Target Mean Price | 52.0 |
| Target Median Price | 52.0 |
| Total Cash | 66,300,000 |
| Total Cash Per Share | 1.394 |
| Total Debt | 628,899,968 |
| Total Revenue | 4,268,000,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 1.2 |
| Trailing Annual Dividend Yield | 0.04240283 |
| Trailing Eps | 1.45 |
| Trailing P E | 19.468964 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 36.51185 |
| Two Hundred Day Average Change | -8.281849 |
| Two Hundred Day Average Change Percent | -0.22682634 |
| Type Disp | Equity |
| Volume | 251,580 |
| Website | https://www.freshdelmonte.com |
| Zip | KY1-1110 |