Seaboard Corporation (SEB) To Go Ex-Dividend on February 23rd

Seaboard Corporation (NYSEAMERICAN:SEB) declared a quarterly dividend on Thursday, February 12th. Stockholders of record on Monday, February 23rd will be paid a dividend of 2.25 per share on Thursday, March 5th. This represents a c) annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, February 23rd.

Seaboard Stock Performance

Shares of Seaboard stock opened at $4,933.11 on Friday. The business has a 50-day simple moving average of $4,795.59 and a 200-day simple moving average of $4,150.38. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.40 and a current ratio of 2.40. Seaboard has a one year low of $2,437.00 and a one year high of $5,654.00. The company has a market cap of $4.74 billion, a PE ratio of 9.56 and a beta of 0.37.

Seaboard (NYSEAMERICAN:SEB) last issued its earnings results on Thursday, February 12th. The company reported $262.99 earnings per share for the quarter. Seaboard had a net margin of 5.09% and a return on equity of 10.01%. The firm had revenue of $2.41 billion for the quarter.

Institutional Trading of Seaboard

Hedge funds and other institutional investors have recently bought and sold shares of the business. SummerHaven Investment Management LLC acquired a new stake in shares of Seaboard during the 3rd quarter worth about $1,036,000. American Century Companies Inc. boosted its holdings in Seaboard by 18.0% in the second quarter. American Century Companies Inc. now owns 5,485 shares of the company’s stock valued at $15,694,000 after purchasing an additional 837 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Seaboard by 33.1% in the second quarter. Bank of New York Mellon Corp now owns 2,499 shares of the company’s stock valued at $7,149,000 after purchasing an additional 622 shares during the last quarter. Rhumbline Advisers raised its holdings in Seaboard by 94.8% during the second quarter. Rhumbline Advisers now owns 1,837 shares of the company’s stock worth $5,256,000 after purchasing an additional 894 shares in the last quarter. Finally, Creative Planning raised its holdings in Seaboard by 19.4% during the second quarter. Creative Planning now owns 899 shares of the company’s stock worth $2,572,000 after purchasing an additional 146 shares in the last quarter. 22.57% of the stock is currently owned by institutional investors and hedge funds.

About Seaboard

Seaboard Corporation is a diversified agribusiness and transportation company engaged in a range of global operations. Organized into several operating segments, the company’s principal activities include pork production and processing, commodity trading and milling, marine products, sugar production, and shipping. Seaboard’s integrated business model spans the entire value chain—from feed grain procurement and hog production to finished pork products—enabling the company to capture efficiencies across each stage of its operations.

In its pork segment, conducted under the Seaboard Foods subsidiary, the company raises hogs and operates slaughter and processing facilities in the United States.