Maple Leaf Foods Inc. MFI-T +3.86%increase is raising its quarterly dividend as it expects a mid-single-digit increase in revenue for fiscal 2026 compared with 2025.
The company says its adjusted EBITDA is expected to be between $520-million and $540-million, driven by revenue growth and margin improvement from various initiatives.
Maple Leaf is also planning to spend about $160-million to $180-million on maintenance, productivity improvements and automation.
The protein packaging company says it is raising its quarterly dividend by approximately 10 per cent from 19 cents per share to 21 cents.
The company says its outlook is supported by sustained progress on key initiatives, which also included its recent move to separate its pork business.
Last year, Maple Leaf spun off its pork business as Canada Packers Inc.
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