Sanderson Farms, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Sanderson Farms, Inc. (NASDAQ: SAFM) has declared a quarterly cash dividend of $0.44 per share, set to be paid on February 16, 2021, to stockholders of record by February 2, 2021. The company specializes in the production, processing, marketing, and distribution of fresh, frozen, and minimally prepared chicken products. This dividend announcement indicates the company's commitment to returning value to its shareholders, reflecting stable financial health and ongoing operations in the poultry market.

Positive

• Declaration of a quarterly cash dividend of $0.44 per share, indicating financial stability.
• Demonstrates commitment to returning value to shareholders.

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 February 16, 2021, to stockholders of record on February 2, 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/20210121005695/en/

FAQ

What is the dividend amount for SAFM?

The dividend amount for Sanderson Farms (SAFM) is $0.44 per share.

When will the SAFM dividend be paid?

The SAFM dividend will be paid on February 16, 2021.

What is the record date for the SAFM dividend?

The record date for the SAFM dividend is February 2, 2021.

How often does SAFM pay dividends?

Sanderson Farms typically pays dividends quarterly.

Is the SAFM dividend sustainable?

While the current dividend demonstrates confidence, sustainability depends on future financial performance.