Sanderson Farms, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Sanderson Farms has declared a quarterly cash dividend of $0.44 per share, payable on May 18, 2021, to shareholders on record as of May 4, 2021. This announcement underscores the company’s commitment to returning value to its investors while continuing its operations in the production, processing, marketing, and distribution of chicken products. The stock trades under the symbol SAFM on the NASDAQ Global Select Market.

Positive

• Quarterly cash dividend of $0.44 per share announced.
• Demonstrates company commitment to shareholder returns.

Negative

• None.

Sanderson Farms, Inc. (NASDAQ: SAFM) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.44 (forty-four cents) per share payable May 18, 2021, to stockholders of record on May 4, 2021.

Sanderson Farms, Inc. is engaged in the production, processing, marketing and distribution of fresh, frozen and minimally prepared chicken. Its shares trade on the NASDAQ Global Select Market under the symbol SAFM.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210422005961/en/

FAQ

What is the dividend amount declared by Sanderson Farms?

The dividend amount declared is $0.44 per share.

When will the dividend be paid by Sanderson Farms?

The dividend will be paid on May 18, 2021.

Who will receive the dividend from Sanderson Farms?

Shareholders of record as of May 4, 2021, will receive the dividend.

How often does Sanderson Farms pay dividends?

Sanderson Farms typically pays dividends quarterly.

Is the dividend from Sanderson Farms sustainable?

The sustainability of the dividend would depend on the company's ongoing financial performance.