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, payable on May 17, 2022, to stockholders of record as of May 3, 2022. This dividend reflects the company's commitment to returning value to its shareholders. Sanderson Farms is involved in the production, processing, marketing, and distribution of chicken products, ensuring robust operations in the poultry sector.

Positive

• Quarterly cash dividend of $0.44 per share enhances shareholder value.
• Commitment to returning value indicates strong financial health.

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 May 17, 2022, to stockholders of record at the close of business on May 3, 2022.

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/20220421005778/en/

Mike Cockrell

Treasurer, Chief Financial Officer & Chief Legal Officer

(601) 649-4030

Source: Sanderson Farms, Inc.

FAQ

What is the dividend amount declared by SAFM?

Sanderson Farms has declared a dividend of $0.44 per share.

When will SAFM's dividend be paid?

The dividend will be paid on May 17, 2022.

What is the record date for SAFM's dividend?

The record date for the dividend is May 3, 2022.