Sanderson Farms (SAFM) Declares $0.50 Special Dividend; 0.7% Yield

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Go back to Sanderson Farms (SAFM) Declares $0.50 Special Dividend; 0.7% Yield

Sanderson Farms, Inc. Announces Quarterly Dividend and Payment of Special Dividend

September 16, 2015 11:10 AM EDT

LAUREL, Miss.--(BUSINESS WIRE)-- Sanderson Farms, Inc. (NASDAQ: SAFM) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.22 (twenty-two cents) per share. The Board has also authorized a special cash dividend payment of $0.50 (fifty cents) per share. Both the regular quarterly cash dividend and the special cash dividend are payable on October 13, 2015, to stockholders of record on September 29, 2015. Payment of the regular quarterly cash dividend will remain subject to Board approval each quarter.

Commenting on the announcement, Joe F. Sanderson, Jr., chairman and chief executive... More