Seaboard Co. Declares Quarterly Dividend of $2.25 (NYSEAMERICAN:SEB)

Seaboard Co. (NYSEAMERICAN:SEB - Get Free Report) declared a quarterly dividend on Thursday, February 13th,RTT News reports. Stockholders of record on Monday, February 24th will be given a dividend of 2.25 per share on Thursday, March 6th. This represents a $9.00 dividend on an annualized basis and a dividend yield of 0.31%. The ex-dividend date of this dividend is Monday, February 24th.

Seaboard Stock Up 11.9 %

Seaboard stock traded up $312.03 on Monday, reaching $2,927.00. 4,655 shares of the stock were exchanged, compared to its average volume of 1,880. The firm has a market cap of $2.84 billion, a price-to-earnings ratio of -889.66 and a beta of 0.36. Seaboard has a twelve month low of $2,365.00 and a twelve month high of $3,600.94. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.44 and a quick ratio of 1.50.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Seaboard from a "buy" rating to a "hold" rating in a research note on Wednesday, November 6th.

About Seaboard

Seaboard Corporation, together with its subsidiaries, operates as an agricultural and ocean transportation company worldwide. It operates through six segments: Pork, Commodity Trading and Milling (CT&M), Marine, Sugar and Alcohol, Power, and Turkey. The Pork segment produces and sells pork products to further processors, food service operators, grocery stores, and distributors; hogs; and biodiesel.