Seaboard Co. (NYSEMKT:SEB) Plans $1.50 Quarterly Dividend

Seaboard Co. (NYSEMKT:SEB) announced a quarterly dividend on Wednesday, November 1st, Zacks reports. Investors of record on Monday, November 13th will be given a dividend of 1.50 per share on Friday, November 24th. This represents a $6.00 annualized dividend and a yield of 0.14%. The ex-dividend date is Friday, November 10th.

Shares of Seaboard (NYSEMKT:SEB) opened at $4,290.88 on Tuesday. Seaboard has a 52-week low of $3,247.00 and a 52-week high of $4,690.00.

In other news, Director Rinaldo D. Barbaro purchased 3,735,800 shares of the company’s stock in a transaction that occurred on Wednesday, September 6th. The shares were purchased at an average price of $0.14 per share, for a total transaction of $523,012.00. Also, Director Philip Armstrong purchased 312,500 shares of the company’s stock in a transaction that occurred on Wednesday, October 11th. The shares were purchased at an average price of $0.16 per share, for a total transaction of $50,000.00.

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Separately, BidaskClub lowered Seaboard from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th.

About Seaboard

Seaboard Corporation is an agribusiness and transportation company. The Company is primarily engaged in pork production and processing, and ocean transportation. Its divisions include Pork, Commodity Trading and Milling, Marine, Sugar, Power, Turkey and Other. Overseas, the Company is primarily engaged in commodity merchandising, grain processing, sugar production and electric power generation.

Dividend History for Seaboard (NYSEMKT:SEB)

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