Brf S.A. (NYSE:BRFS) Announces Dividend Increase – $0.10 Per Share

Brf S.A. (NYSE:BRFS) declared a — dividend on Thursday, November 14th,NASDAQ Dividends reports. Investors of record on Wednesday, November 27th will be given a dividend of 0.1001 per share on Monday, December 16th. This represents a yield of 1.8%. The ex-dividend date is Wednesday, November 27th. This is an increase from BRF’s previous — dividend of $0.03.

BRF Price Performance

BRFS stock opened at $4.34 on Monday. The business’s 50-day moving average is $4.36 and its two-hundred day moving average is $4.11. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.45 and a quick ratio of 0.93. The firm has a market capitalization of $4.70 billion, a P/E ratio of 10.09, a P/E/G ratio of 0.23 and a beta of 1.93. BRF has a 1 year low of $2.45 and a 1 year high of $4.76.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on BRFS shares. Bank of America lifted their price target on shares of BRF from $22.00 to $24.00 and gave the stock a “neutral” rating in a research note on Thursday, August 15th. Barclays lifted their price objective on shares of BRF from $4.50 to $5.00 and gave the stock an “overweight” rating in a research report on Friday, August 16th. Finally, StockNews.com raised BRF from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 20th. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $10.70.

About BRF

BRF SA raises, produces, and slaughters poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, margarine, pet food, and other products. The company provides frozen whole and cut chicken, frozen pork, and turkey, and halal products for Islamic markets; processed foods, such as marinated, frozen, seasoned whole, and cut chicken, roosters, sausages, ham products, bologna, frankfurters, salamis, bacons, cold meats, and other smoked products; and hamburgers, steaks, breaded meat products, kibbeh, and meatballs, as well as chicken sausages, hot dogs, and chicken bologna.