Brief: Coffee Holding Co Inc Reports Year End Results

Coffee Holding

29/01/2019 14:14

Jan 29 (Reuters) - Coffee Holding Co Inc  JVA.O :
    * COFFEE HOLDING CO., INC. REPORTS YEAR END RESULTS
    * COFFEE HOLDING - EXPECT SALES FOR GENERATIONS/STEEP N BREW
TO
REACH APPROXIMATELY $18 TO $20 MILLION FOR UPCOMING FISCAL YEAR
    * COFFEE HOLDING CO INC - DECIDED TO END CORPORATE STOCK
BUYBACK
PROGRAM
    * COFFEE HOLDING CO INC - WILL BE IMPLEMENTING A NEW
DIVIDEND
POLICY
    * COFFEE HOLDING CO INC - INTEND TO PAY A DIVIDEND OF 30% OF
NET
PROFITS FOR FISCAL YEAR ENDING OCTOBER 31, 2019 TO SHAREHOLDERS
    * COFFEE HOLDING CO INC - EXPECT DIVIDEND TO BE PAID IN
SECOND
FISCAL QUARTER OF 2020
    * COFFEE HOLDING CO INC - HAVE HAD NUMEROUS DISCUSSIONS ON
CBD
FRONT; ARE IN DISCUSSIONS WITH BOTH POTENTIAL PROVIDERS

Source text for Eikon:  ID:nGNX9grr9f 
Further company coverage:  JVA.O 

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