Sanderson Farms (SAFM) Raises Quarterly Dividend 33.3% to $0.32; 0.8% Yield
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Sanderson Farms, Inc. Announces Increase in Quarterly Dividend and Declares Special Dividend
September 21, 2017 3:35 PM EDTLAUREL, 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
