Pilgrim’s Announces $1.5 Billion Special Dividend and Long-term Capital Allocation Strategy
Pilgrim's Pride (NASDAQ: PPC) has announced a significant capital deployment strategy, including a special cash dividend of $6.30 per share, totaling approximately $1.5 billion. The dividend will be payable on April 17, 2025, to stockholders of record on April 3, 2025.
The company outlined its portfolio enhancement plans, including expansion in prepared foods, adding small bird capacity, converting a big bird plant to a case ready facility, and expanding protein conversion capacity. Over the past five years, Pilgrim's has invested $950 million in acquisitions, $1.8 billion in share repurchases and dividends, and $2.2 billion in capital expenditures.
Pilgrim's Pride (NASDAQ: PPC) ha annunciato una strategia significativa di distribuzione di capitale, che include un dividendo straordinario in contante di $6,30 per azione, per un totale di circa $1,5 miliardi. Il dividendo sarà pagabile il 17 aprile 2025 agli azionisti registrati il 3 aprile 2025.
L'azienda ha delineato i suoi piani di potenziamento del portafoglio, che includono l'espansione nei cibi pronti, l'aggiunta di capacità per uccelli piccoli, la conversione di uno stabilimento per uccelli grandi in una struttura pronta per la vendita, e l'espansione della capacità di conversione delle proteine. Negli ultimi cinque anni, Pilgrim's ha investito $950 milioni in acquisizioni, $1,8 miliardi in riacquisti di azioni e dividendi, e $2,2 miliardi in spese in conto capitale.
Pilgrim's Pride (NASDAQ: PPC) ha anunciado una estrategia significativa de despliegue de capital, que incluye un dividendo en efectivo especial de $6.30 por acción, totalizando aproximadamente $1.5 mil millones. El dividendo se pagará el 17 de abril de 2025 a los accionistas registrados el 3 de abril de 2025.
La empresa delineó sus planes de mejora del portafolio, que incluyen la expansión en alimentos preparados, la adición de capacidad para aves pequeñas, la conversión de una planta de aves grandes en una instalación lista para el mercado, y la expansión de la capacidad de conversión de proteínas. En los últimos cinco años, Pilgrim's ha invertido $950 millones en adquisiciones, $1.8 mil millones en recompra de acciones y dividendos, y $2.2 mil millones en gastos de capital.
필그림스 프라이드 (NASDAQ: PPC)는 약 주당 $6.30의 특별 현금 배당금을 포함한 중요한 자본 배치 전략을 발표했으며, 총액은 약 $15억입니다. 이 배당금은 2025년 4월 17일에 지급되며, 2025년 4월 3일 기준 주주에게 지급됩니다.
회사는 준비식품 분야의 확장, 소형 조류 생산 능력 추가, 대형 조류 공장을 판매 준비 시설로 전환, 단백질 전환 능력 확장 등 포트폴리오 개선 계획을 설명했습니다. 지난 5년 동안 필그림스는 $9억 5천만을 인수에 투자하고, $18억을 자사주 매입 및 배당금에 투자했으며, $22억을 자본 지출에 투자했습니다.
Pilgrim's Pride (NASDAQ: PPC) a annoncé une stratégie significative de déploiement de capital, incluant un dividende exceptionnel en espèces de 6,30 $ par action, totalisant environ 1,5 milliard de dollars. Le dividende sera payable le 17 avril 2025 aux actionnaires enregistrés au 3 avril 2025.
L'entreprise a décrit ses plans d'amélioration de portefeuille, y compris l'expansion dans les plats préparés, l'ajout de capacité pour les petits oiseaux, la conversion d'une usine pour grands oiseaux en installation prête à l'emploi, et l'expansion de la capacité de conversion des protéines. Au cours des cinq dernières années, Pilgrim's a investi 950 millions $ dans des acquisitions, 1,8 milliard $ dans des rachats d'actions et des dividendes, et 2,2 milliards $ dans des dépenses d'investissement.
Pilgrim's Pride (NASDAQ: PPC) hat eine bedeutende Kapitalverwendungsstrategie angekündigt, die eine außerordentliche Barausschüttung von 6,30 $ pro Aktie umfasst, die insgesamt etwa 1,5 Milliarden $ beträgt. Die Ausschüttung wird am 17. April 2025 an die Aktionäre ausgezahlt, die am 3. April 2025 im Aktienregister stehen.
Das Unternehmen skizzierte seine Pläne zur Portfolioerweiterung, einschließlich der Expansion im Bereich Fertiggerichte, der Hinzufügung von Kapazitäten für kleine Vögel, der Umwandlung eines großen Vogelwerks in eine verkaufsfertige Einrichtung und der Erweiterung der Kapazität zur Proteinverarbeitung. In den letzten fünf Jahren hat Pilgrim's 950 Millionen $ in Übernahmen, 1,8 Milliarden $ in Aktienrückkäufen und Dividenden sowie 2,2 Milliarden $ in Investitionen gesteckt.
- Substantial $1.5 billion special dividend ($6.30 per share) to shareholders
- Strong balance sheet enabling significant shareholder returns
- Significant historical investment: $950M in acquisitions
- Robust capital deployment: $1.8B in share repurchases and dividends
- Strategic facility improvements and capacity expansion plans
- None.
Company Outlines Portfolio Enhancements, Brand Growth at Investor Day in New York
GREELEY, Colo., March 14, 2025 (GLOBE NEWSWIRE) -- Pilgrim’s Pride Corporation (NASDAQ: PPC), one of the world’s leading food companies, today announced a capital deployment strategy in support of its ongoing efforts to improve its capital structure, enhance its diversified portfolio, stimulate brand growth and generate shareholder value. As a part of the strategy, the company’s board of directors has approved the declaration of a special cash dividend of
“Pilgrim’s is confident in the future of our business and we believe our capital allocation strategy positions the company for continued, disciplined growth and enhanced earnings potential across our diversified portfolio,” said Fabio Sandri, CEO of Pilgrim’s. “The Board’s decision to pay a special dividend reflects our strong balance sheet and our commitment to create long-term stockholder value. Today’s announcement is a testament to our team’s ability to execute our key customer strategy, unlock value through differentiated offerings, and relentlessly pursue quality and service.”
In addition to the special dividend, the company is outlining the ways it is strengthening its portfolio, aligning with key customers and growing organically in the U.S. market. In the coming years, projects will include expanding in prepared foods due to brand growth; adding small bird capacity to support key customer growth; converting a big bird plant to a case ready facility for continued growth in retail; and expanding protein conversion capacity to upgrade the portfolio and reduce risk. With today’s dividend announcement, over the last five years, Pilgrim’s has invested more than
During the investor day event, the Pilgrim’s leadership team will discuss its capital allocation strategy, growing momentum in branded offerings across its portfolio, and future growth plans.
About Pilgrim’s Pride
Pilgrim’s employs over 61,000 people and operates protein processing plants and prepared-foods facilities in 14 states, Puerto Rico, Mexico, the U.K, the Republic of Ireland and continental Europe. The company’s primary distribution is through retailers and foodservice distributors. For more information, please visit www.pilgrims.com.
Media Contact:
Nikki Richardson
Head of Corporate Communications
nikki.richardson@jbssa.com
FAQ
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