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

Seaboard Co. (NYSEAMERICAN:SEB) announced a quarterly dividend on Wednesday, May 1st, Wall Street Journal reports. Stockholders of record on Friday, May 10th will be paid a dividend of 2.25 per share on Monday, May 20th. This represents a $9.00 annualized dividend and a dividend yield of 0.28%. The ex-dividend date is Thursday, May 9th.

Seaboard Stock Up 0.7 %

Shares of SEB traded up $23.87 during midday trading on Wednesday, reaching $3,250.00. 248 shares of the stock were exchanged, compared to its average volume of 3,060. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.55 and a current ratio of 2.54. Seaboard has a twelve month low of $3,048.01 and a twelve month high of $3,942.64. The stock has a market capitalization of $3.15 billion, a P/E ratio of 13.44 and a beta of 0.38.

Seaboard (NYSEAMERICAN:SEB) last released its quarterly earnings data on Tuesday, February 13th. The company reported $64.67 EPS for the quarter. Seaboard had a return on equity of 5.41% and a net margin of 2.85%. The company had revenue of $2.28 billion for the quarter.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on SEB shares. StockNews.com upgraded shares of Seaboard from a “hold” rating to a “buy” rating in a research note on Saturday. TheStreet lowered Seaboard from a “b” rating to a “c+” rating in a research note on Thursday, February 15th.

About Seaboard

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.