Seaboard Corporation Declares Quarterly Dividend of $2.25 (NYSEAMERICAN:SEB)

Seaboard Corporation (NYSEAMERICAN:SEB) announced a quarterly dividend on Tuesday, May 5th. Stockholders of record on Friday, May 15th will be paid a dividend of 2.25 per share on Monday, May 25th. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, May 15th.

Seaboard Trading Up 1.8%

Shares of SEB opened at $5,687.09 on Wednesday. The firm has a market cap of $5.46 billion, a price-to-earnings ratio of 11.02 and a beta of 0.27. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.40 and a current ratio of 2.40. Seaboard has a fifty-two week low of $2,437.00 and a fifty-two week high of $5,989.37. The firm has a 50 day moving average price of $5,401.06 and a 200-day moving average price of $4,763.24.

Seaboard (NYSEAMERICAN:SEB) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $124.24 earnings per share for the quarter. The firm had revenue of $2.40 billion during the quarter. Seaboard had a net margin of 5.09% and a return on equity of 10.01%.

Institutional Investors Weigh In On Seaboard

Hedge funds and other institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC lifted its stake in shares of Seaboard by 160.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 13 shares of the company’s stock valued at $37,000 after acquiring an additional 8 shares during the last quarter. Wells Fargo & Company MN raised its holdings in Seaboard by 33.3% during the 4th quarter. Wells Fargo & Company MN now owns 12 shares of the company’s stock valued at $53,000 after buying an additional 3 shares during the last quarter. Empowered Funds LLC bought a new stake in Seaboard during the 4th quarter valued at $58,000. Fifth Third Bancorp bought a new stake in Seaboard during the 1st quarter valued at $62,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in Seaboard during the 4th quarter valued at $93,000. Institutional investors own 22.57% of the company’s stock.

About Seaboard

Seaboard Corporation is a diversified agribusiness and transportation company engaged in a range of global operations. Organized into several operating segments, the company’s principal activities include pork production and processing, commodity trading and milling, marine products, sugar production, and shipping. Seaboard’s integrated business model spans the entire value chain—from feed grain procurement and hog production to finished pork products—enabling the company to capture efficiencies across each stage of its operations.

In its pork segment, conducted under the Seaboard Foods subsidiary, the company raises hogs and operates slaughter and processing facilities in the United States.