| Summary of Dividends Declared and Paid |
The following table summarizes dividends per share declared for the three months ended March 31, 2026 and March 31, 2025:
| | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | March 31, 2026 | | March 31, 2025 | | Date Declared | | Amount
(per share) | | Date Declared | | Amount
(per share) | | | | | | | | | | (U.S. Dollars) | | | | (U.S. Dollars) | | 2/24/2026 | | $ | 0.085 | | | 2/25/2025 | | $ | 0.08 | |
The following table summarizes total dividends declared for the three months ended March 31, 2026 and March 31, 2025: | | | | | | | | | | | | | Three Months Ended | | March 31, 2026 | | March 31, 2025 | | | | | | (U.S. Dollars in thousands) | Dividends | $ | (8,201) | | | $ | (7,735) | |
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| Schedule of Accumulated Other Comprehensive Loss |
A rollforward of the changes in accumulated other comprehensive loss, disaggregated by component, was as follows for the three months ended March 31, 2026 and March 31, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | Changes in Accumulated Other Comprehensive Loss by Component | | Fair Value of Derivatives | | Pension & Other Postretirement Benefits | | Foreign Currency Translation | | Total | | | | | | | | | | (U.S. Dollars in thousands) | Balance as of December 31, 2024 | $ | 22,126 | | | $ | (59,815) | | | $ | (128,491) | | | $ | (166,180) | | Other comprehensive income (loss) attributable to Dole plc before reclassifications | (11,154) | | | — | | | 29,516 | | | 18,362 | | | Income tax effect of amounts in other comprehensive income (loss) attributable to Dole plc before reclassifications | 2,652 | | | — | | | — | | | 2,652 | | Gross amounts reclassified from accumulated other comprehensive loss | (4,936) | | | — | | | — | | | (4,936) | | | Income tax effect of amounts reclassified from accumulated other comprehensive loss | 1,438 | | | — | | | — | | | 1,438 | | Net other comprehensive income (loss) attributable to Dole plc | (12,000) | | | — | | | 29,516 | | | 17,516 | | Balance as of March 31, 2025 | $ | 10,126 | | | $ | (59,815) | | | $ | (98,975) | | | $ | (148,664) | | | | | | | | | | Balance as of December 31, 2025 | $ | 1,847 | | | $ | (74,380) | | | $ | (44,934) | | | $ | (117,467) | | | Other comprehensive income (loss) attributable to Dole plc before reclassifications | 9,052 | | | — | | | (11,433) | | | (2,381) | | | Income tax effect of amounts in other comprehensive income (loss) attributable to Dole plc before reclassifications | (2,185) | | | — | | | — | | | (2,185) | | | Gross amounts reclassified from accumulated other comprehensive loss | (1,465) | | | — | | | 157 | | | (1,308) | | | Income tax effect of amounts reclassified from accumulated other comprehensive loss | 349 | | | — | | | — | | | 349 | | | Net other comprehensive income (loss) attributable to Dole plc | 5,751 | | | — | | | (11,276) | | | (5,525) | | Balance as of March 31, 2026 | $ | 7,598 | | | $ | (74,380) | | | $ | (56,210) | | | $ | (122,992) | |
The following table includes details about net (gains) losses reclassified from accumulated other comprehensive loss by component of accumulated other comprehensive loss: | | | | | | | | | | | | | | | | | | | | | | | (Gains) losses reclassified out of Accumulated Other Comprehensive Loss | | | | | Three Months Ended | | | | | March 31, 2026 | | March 31, 2025 | | Affected line item in the Statement of Operations | | | | | | | | | (U.S. Dollars in thousands) | | | | Fair Value of Derivatives: | | | | | | | | Interest rate swap contracts | | $ | (2,754) | | | $ | (4,191) | | | Interest expense | | Cash flow hedges | | 1,289 | | | (745) | | | Cost of sales | | Foreign Currency Translation | | 157 | | | — | | | Gain on disposal of businesses | | Total | | $ | (1,308) | | | $ | (4,936) | | | |
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