Advancing with Stability: Seaboard Benefits Investors with Growing Earnings and Stable Payouts
Portfolio Pulse from Benzinga Insights
Seaboard (AMEX:SEB) is set to distribute a dividend payout of $2.25 per share, translating to an annualized dividend yield of 0.25%. The company has maintained a steady dividend per share of $9.00 from 2019 to 2022, demonstrating its commitment to a stable dividend policy. However, Seaboard lags behind its industry peers in terms of dividend yield, with Cal-Maine Foods (NASDAQ:CALM) surpassing it with a higher annualized dividend yield of 10.83%. Seaboard's earnings per share have increased from $119.57 in 2019 to $410.86 in 2022, suggesting potential for higher cash dividend payouts in the future.
August 21, 2023 | 3:05 pm
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POSITIVE IMPACT
Cal-Maine Foods surpasses Seaboard with a higher annualized dividend yield of 10.83%, making it potentially more attractive to income-seeking investors.
Cal-Maine Foods' higher dividend yield compared to Seaboard makes it potentially more attractive to income-seeking investors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 50
NEUTRAL IMPACT
Seaboard's steady dividend policy and increasing earnings per share suggest potential for higher cash dividend payouts in the future. However, its dividend yield lags behind industry peers.
Seaboard's steady dividend policy and increasing earnings per share are positive signs for investors seeking income. However, its lower dividend yield compared to peers may make it less attractive to some investors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100