Seaboard Co. (NYSEAMERICAN:SEB) Announces $2.25 Quarterly Dividend

by · The Cerbat Gem

Seaboard Co. (NYSEAMERICAN:SEB – Get Free Report) announced a quarterly dividend on Tuesday, October 29th, NASDAQ reports. Stockholders of record on Friday, November 8th will be paid a dividend of 2.25 per share on Monday, November 18th. This represents a $9.00 annualized dividend and a dividend yield of 0.32%. The ex-dividend date is Friday, November 8th.

Seaboard Price Performance

Shares of SEB stock traded down $73.54 during trading hours on Wednesday, hitting $2,853.76. 3,328 shares of the company’s stock were exchanged, compared to its average volume of 2,820. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.47 and a current ratio of 2.45. The stock has a market capitalization of $2.77 billion, a PE ratio of 11.03 and a beta of 0.35. Seaboard has a 52 week low of $2,810.00 and a 52 week high of $3,796.00.

Seaboard (NYSEAMERICAN:SEB – Get Free Report) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $62.82 earnings per share (EPS) for the quarter. The business had revenue of $2.21 billion for the quarter. Seaboard had a return on equity of 5.69% and a net margin of 3.01%.

Analyst Ratings Changes

Separately, StockNews.com raised Seaboard from a “hold” rating to a “buy” rating in a research note on Tuesday.

Get Our Latest Stock Analysis on Seaboard

About Seaboard

(Get Free Report)

Seaboard Corporation, together with its subsidiaries, operates as an agricultural and ocean transportation company worldwide. It operates through six segments: Pork, Commodity Trading and Milling (CT&M), Marine, Sugar and Alcohol, Power, and Turkey. The Pork segment produces and sells pork products to further processors, food service operators, grocery stores, and distributors; hogs; and biodiesel.

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