Dole plc (DOLE), formerly known as Dole Food Company, is one of the world's largest suppliers of fresh fruits and vegetables. Incorporated in Ireland but with its main business activities conducted in the United States, the company is a global player in the agriculture industry, operating in more than 80 countries worldwide while producing and marketing over 200 products.
The history of Dole dates back to the establishment of the Hawaiian Pineapple Company by James Dole in 1901. Over the years, the business blossomed from a small pineapple plantation on the Hawaiian island of Oahu into a global powerhouse that helped to revolutionize the food industry, introducing innovative processes including refrigeration, containerized shipping, and fruit ripening that greatly improved the distribution of fresh foods.
Dole is not only a leading producer of bananas, pineapples, and other tropical fruits but also has a significant footprint in the vegetable business. It operates production units, farming plantations, and processing plants across North and South America, Europe, Africa, and Asia. Meanwhile, Dole's vertically integrated supply chain extends from seedling development and growing operations through to product distribution and marketing, enabling it to control quality and cost throughout the chain.
Dole’s commitment to sustainability and conducting business with integrity is noteworthy. The company participates in the Fairtrade, Rainforest Alliance, and Carbon Disclosure Project, amongst other initiatives. It is dedicated to reducing its environmental footprint, promoting responsible farming practices, supporting the communities in which it operates and ensuring a fair supply chain.
However, like many global businesses, Dole has faced challenges, including lawsuits related to labor practices and environmental impact. Moreover, the company has gone through several ownership changes, including being part of Castle & Cooke and later ITOCHU Corporation.
Today, Dole plc is publicly-traded and led by CEO Rory Byrne. While continuing to confront challenges posed by weather conditions, political uncertainties, and market price volatility, the company stays true to its mission of making nutritious products accessible for everyone, contributing to healthier global citizens and a healthier planet. The diverse contribution of Dole to the global agriculture industry stretches from traditional farming and supply chain operations to novel approaches in sustainability and health.
Income statement
Balance sheet statement
Cash flow statement
Current assets / Current liabilities
Equity / Debt / Cash
Dividends
Dole PLC (NYSE: DOLE) announced a $0.09 per share dividend, with an ex-dividend date of September 16, 2026, and payment on October 7, 2026. The company has a consistent dividend payment record since 2021, a 2.54% dividend yield, and a modest 1.50% three-year dividend growth rate. With a payout ratio of 0.42 and strong profitability and growth metrics, Dole PLC's dividend appears sustainable, though its yield and growth rate may not appeal to all income investors.
Mission Produce, Inc. is strategically benefiting from its integration with Calavo, which is expected to enhance its scale, sourcing capabilities, and customer reach in the avocado and prepared foods markets. This integration aims to strengthen Mission Produce's ability to provide a reliable, year-round supply of fresh avocados, improve operational efficiency, and generate significant cost synergies. The acquisition is projected to drive growth, boost profitability, and solidify Mission Produce's competitive position in the market.
William "Will" Price set a new world record at the 3rd Annual Dole Great American Banana Challenge, peeling and eating 12 bananas in 125 seconds. This event is a highlight of the Great American Banana Split Celebration in Latrobe, Pennsylvania, honoring the invention of the banana split. Dole Food Company has sponsored the contest since 2024 and plans to continue through at least 2027, celebrating the popular fruit and the festival's growth.
Dole Food Company is sponsoring the Great American Banana Split Celebration in Latrobe, Pa., from August 21-23, 2026, coinciding with National Banana Split Day. The event features a "Dole Great American Banana Challenge" and promotes healthier banana split recipes. Dole will also host a DIY Banana Split Bar at its U.S. offices.
A recent Class I recall of frozen blueberries by Publix, sourced from a Chilean supplier, is drawing attention to Dole plc's (NYSE: DOLE) tight profit margins, even though Dole itself was not involved in the recall. The incident highlights the vulnerability of slim produce margins to supply chain disruptions and increased compliance costs, which have already impacted Dole's second-quarter earnings due to higher fruit sourcing expenses. Despite these pressures, Dole maintains its 2026 adjusted EBITDA target of $400 million, leveraging its diversified operations and improvements in its berry restructuring.
Dole plc announced its participation in the Barclays 19th Annual Global Consumer Conference in Boston, Massachusetts. Executive management is scheduled for one-on-one investor meetings on September 8, 2026. This news brief was generated by Public Technologies (PUBT) using AI, based on original content from Dole plc.
Dole Food Company is preparing for National Banana Split Day 2026, sponsoring the Great American Banana Split Celebration in Latrobe, Pa., from August 21-23. The event will feature various banana-themed activities, including the Dole Great American Banana Challenge. Dole is also promoting healthier banana split recipes and will host a DIY Banana Split Bar at its U.S. offices.