Continued Investor Value: Seaboard Maintains Dividends as Earnings Expand
By the end of today, March 04, 2024, Seaboard (AMEX:SEB) is set to deliver a dividend payout of $2.25 per share, equating to an annualized dividend yield of 0.25%. Shareholders who owned the stock prior to the ex-dividend date on February 22, 2024 will receive this payout.
Seaboard Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-02-22 | 4 | $2.25 | 0.25% | 2024-02-13 | 2024-02-23 | 2024-03-04 |
| 2023-11-08 | 4 | $2.25 | 0.26% | 2023-10-30 | 2023-11-09 | 2023-11-20 |
| 2023-08-10 | 4 | $2.25 | 0.25% | 2023-08-01 | 2023-08-11 | 2023-08-21 |
| 2023-05-12 | 4 | $2.25 | 0.23% | 2023-05-03 | 2023-05-15 | 2023-05-25 |
| 2023-02-23 | 4 | $2.25 | 0.23% | 2023-02-14 | 2023-02-24 | 2023-03-06 |
| 2022-11-10 | 4 | $2.25 | 0.24% | 2022-11-01 | 2022-11-11 | 2022-11-21 |
| 2022-08-11 | 4 | $2.25 | 0.22% | 2022-08-02 | 2022-08-12 | 2022-08-22 |
| 2022-05-12 | 4 | $2.25 | 0.22% | 2022-05-03 | 2022-05-13 | 2022-05-23 |
| 2022-02-24 | 4 | $2.25 | 0.24% | 2022-02-15 | 2022-02-25 | 2022-03-07 |
| 2021-11-11 | 4 | $2.25 | 0.22% | 2021-11-02 | 2021-11-12 | 2021-11-22 |
| 2021-08-12 | 4 | $2.25 | 0.22% | 2021-08-03 | 2021-08-13 | 2021-08-23 |
| 2021-05-13 | 4 | $2.25 | 0.24% | 2021-05-04 | 2021-05-14 | 2021-05-24 |
Seaboard lags behind its industry peers in terms of dividend yield, with Cal-Maine Foods (NASDAQ:CALM) surpassing it with a higher annualized dividend yield of 5.53%.
Analyzing Seaboard Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
The company has consistently maintained a dividend per share of $9.00 from 2020 to 2023. This unwavering dividend policy instills confidence in investors, as they can rely on a consistent income stream from the company's dividends.
YoY Earnings Growth For Seaboard
The earnings chart above shows that from 2020 to 2023, Seaboard has experienced an increase in their earnings from $165.30 per share to $331.68 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
This article takes an in-depth look at Seaboard's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $2.25 per share today, translating to an annualized dividend yield of 0.25%.
Seaboard lags behind its industry peers in terms of dividend yield, with Cal-Maine Foods surpassing it with a higher annualized dividend yield of 5.53%.
While the dividend per share remains unchanged during the period of 2020 to 2023, the upward trajectory of earnings per share for Seaboard indicates a favorable financial position, potentially paving the way for sustained profit distribution to shareholders.
It is essential for investors to closely track the company's performance in the coming quarters to remain updated regarding any alterations in financials or dividend disbursements.
\To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.