Sanderson Farms (SAFM) Declares $1.00 Special Dividend; 0.6% Yield

Go back to Sanderson Farms (SAFM) Declares $1.00 Special Dividend; 0.6% Yield

Sanderson Farms, Inc. Announces Increase in Quarterly Dividend and Declares Special Dividend

September 21, 2017 3:35 PM 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 $0.32 (thirty-two cents) per share, an increase of $0.08 (eight cents) per share per quarter. This represents a new annual dividend rate of $1.28 (one dollar and twenty-eight cents) per share, or an annual increase of $0.32 (thirty-two cents) per share. The Board has also declared a special cash dividend of $1.00 (one dollar) per share. Both the regular quarterly cash dividend and the special cash dividend are payable on October 17, 2017, to stockholders of record... More