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

Seaboard Corporation (NYSEAMERICAN:SEB) declared a quarterly dividend on Tuesday, August 4th. Stockholders of record on Friday, August 14th will be paid a dividend of 2.25 per share on Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, August 14th.

Seaboard Stock Down 0.0%

Shares of NYSEAMERICAN:SEB opened at $4,392.35 on Wednesday. The firm has a market capitalization of $4.22 billion, a P/E ratio of 7.23 and a beta of 0.24. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.29 and a current ratio of 2.38. The stock has a 50 day moving average price of $4,771.47 and a 200-day moving average price of $5,054.65. Seaboard has a 52-week low of $3,140.01 and a 52-week high of $5,989.37.

Seaboard (NYSEAMERICAN:SEB) last released its quarterly earnings results on Tuesday, August 4th. The company reported $159.74 earnings per share for the quarter. The company had revenue of $2.92 billion for the quarter. Seaboard had a return on equity of 11.42% and a net margin of 5.93%.

Institutional Trading of Seaboard

A number of hedge funds have recently modified their holdings of the business. Parallel Advisors LLC grew its position in shares of Seaboard by 1.6% in the 1st quarter. Parallel Advisors LLC now owns 124 shares of the company’s stock worth $701,000 after buying an additional 2 shares during the period. NewEdge Advisors LLC boosted its stake in Seaboard by 4.2% during the first quarter. NewEdge Advisors LLC now owns 50 shares of the company’s stock worth $283,000 after acquiring an additional 2 shares in the last quarter. Edgestream Partners L.P. boosted its stake in Seaboard by 72.9% during the first quarter. Edgestream Partners L.P. now owns 102 shares of the company’s stock worth $577,000 after acquiring an additional 43 shares in the last quarter. California State Teachers Retirement System grew its holdings in Seaboard by 36.9% in the first quarter. California State Teachers Retirement System now owns 367 shares of the company’s stock worth $2,075,000 after purchasing an additional 99 shares during the period. Finally, Royal Bank of Canada increased its stake in shares of Seaboard by 21.9% during the first quarter. Royal Bank of Canada now owns 39 shares of the company’s stock valued at $220,000 after purchasing an additional 7 shares in the last quarter. 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.