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

Seaboard Corporation (NYSEAMERICAN:SEB) announced a quarterly dividend on Thursday, February 12th. Shareholders of record on Monday, February 23rd will be paid a dividend of 2.25 per share on Thursday, March 5th. This represents a c) dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Monday, February 23rd.

Seaboard Stock Performance

SEB stock opened at $5,587.66 on Friday. The firm has a market cap of $5.36 billion, a PE ratio of 13.61 and a beta of 0.37. Seaboard has a 12-month low of $2,437.00 and a 12-month high of $5,654.00. The company has a quick ratio of 1.49, a current ratio of 2.44 and a debt-to-equity ratio of 0.20. The business has a 50 day moving average of $4,713.77 and a 200-day moving average of $4,073.07.

Seaboard (NYSEAMERICAN:SEB) last posted its quarterly earnings results on Thursday, February 12th. The company reported $262.99 earnings per share for the quarter. Seaboard had a net margin of 4.04% and a return on equity of 8.21%. The company had revenue of $2.41 billion during the quarter.

Institutional Trading of Seaboard

Institutional investors have recently modified their holdings of the business. M&T Bank Corp grew its position in shares of Seaboard by 14,586.5% in the fourth quarter. M&T Bank Corp now owns 15,274 shares of the company’s stock valued at $67,890,000 after purchasing an additional 15,170 shares in the last quarter. Jane Street Group LLC increased its position in shares of Seaboard by 607.1% during the fourth quarter. Jane Street Group LLC now owns 1,386 shares of the company’s stock valued at $6,161,000 after buying an additional 1,190 shares during the period. Rhumbline Advisers boosted its position in shares of Seaboard by 94.8% in the second quarter. Rhumbline Advisers now owns 1,837 shares of the company’s stock valued at $5,256,000 after acquiring an additional 894 shares during the period. American Century Companies Inc. boosted its position in shares of Seaboard by 18.0% in the second quarter. American Century Companies Inc. now owns 5,485 shares of the company’s stock valued at $15,694,000 after acquiring an additional 837 shares during the period. Finally, Corient Private Wealth LLC purchased a new position in Seaboard during the second quarter valued at approximately $1,940,000. 22.57% of the stock is currently owned by hedge funds and other institutional investors.

Seaboard Company Profile

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.