SEABOARD CORPORATION REPORT OF EARNINGS AND DIVIDEND DECLARATION
MERRIAM, Kan., Oct. 30, 2023 /PRNewswire/ --The following is a report of earnings for Seaboard Corporation (NYSE American symbol: SEB), with offices at 9000 West 67th Street, Merriam, Kansas, for the three- and nine-months ended September 30, 2023 and October 1, 2022, in millions of dollars except share and per share amounts.
Three Months Ended |
Nine Months Ended |
||||||||||||
September 30, |
October 1, |
September 30, |
October 1, |
||||||||||
2023 |
2022 |
2023 |
2022 |
||||||||||
Net sales |
$ |
2,388 |
$ |
2,895 |
$ |
7,280 |
$ |
8,577 |
|||||
Operating income (loss) |
$ |
67 |
$ |
155 |
$ |
— |
$ |
493 |
|||||
Net earnings attributable to Seaboard |
$ |
126 |
$ |
146 |
$ |
162 |
$ |
357 |
|||||
Earnings per common share |
$ |
108.55 |
$ |
125.78 |
$ |
139.56 |
$ |
307.55 |
|||||
Average number of shares outstanding |
1,160,779 |
1,160,779 |
1,160,779 |
1,160,779 |
|||||||||
Dividends declared per common share |
$ |
2.25 |
$ |
2.25 |
$ |
6.75 |
$ |
6.75 |
|||||
Seaboard Corporation today filed its Quarterly Report on Form 10-Q with the United States Securities and Exchange Commission. Seaboard Corporation has provided access to the Quarterly Report on Form 10-Q on its website at https://www.seaboardcorp.com/investors.
Also, Seaboard Corporation announced today that its Board of Directors has authorized and declared a quarterly cash dividend of $2.25 per share of its common stock. The dividend is payable on November 20, 2023 to stockholders of record at the close of business on November 9, 2023.
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SOURCE Seaboard Corporation
