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. This dividend will be paid on October 19, 2021, to stockholders on record as of October 5, 2021. The company is involved in the production, processing, marketing, and distribution of chicken products. With the history of maintaining dividends, this announcement aims to reassure investors and highlight the company's ongoing commitment to return value to its shareholders.

Positive

• Quarterly cash dividend of $0.44 per share announced.
• Dividend payable on October 19, 2021, indicating company profitability.

Negative

• None.

LAUREL, Miss.--(BUSINESS WIRE)-- 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 October 19, 2021, to stockholders of record on October 5, 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/20210923005832/en/

Mike Cockrell

Treasurer, Chief Financial Officer & Chief Legal Officer

(601) 649-4030

Source: Sanderson Farms, Inc.

FAQ

What is the dividend amount announced by Sanderson Farms (SAFM)?

Sanderson Farms announced a quarterly cash dividend of $0.44 per share.

When will the dividend be paid to stockholders of SAFM?

The dividend will be paid on October 19, 2021.

What is the record date for Sanderson Farms' dividend?

The record date for the dividend is October 5, 2021.

How often does Sanderson Farms declare dividends?

Sanderson Farms typically declares dividends on a quarterly basis.

Is the dividend from Sanderson Farms sustainable?

The sustainability of the dividend depends on the company's ongoing profitability and cash flow.