StockNews.com cut shares of Seaboard (NYSEAMERICAN:SEB – Free Report) from a buy rating to a hold rating in a research report released on Wednesday.
Seaboard Stock Up 0.1 %
NYSEAMERICAN SEB traded up $4.24 on Wednesday, hitting $3,099.99. 3,387 shares of the stock were exchanged, compared to its average volume of 2,502. The company has a quick ratio of 1.47, a current ratio of 2.45 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $3.01 billion, a price-to-earnings ratio of 12.86 and a beta of 0.35. Seaboard has a 52-week low of $2,955.33 and a 52-week high of $3,862.00.
Seaboard Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, August 19th. Stockholders of record on Friday, August 9th will be given a dividend of $2.25 per share. The ex-dividend date of this dividend is Friday, August 9th. This represents a $9.00 annualized dividend and a dividend yield of 0.29%. Seaboard’s dividend payout ratio (DPR) is 3.74%.
Institutional Trading of Seaboard
Seaboard Company Profile
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.
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