SEB - REPORT OF EARNINGS AND DIVIDEND DECLARATION
PR Newswire
MERRIAM, Kan. , Aug. 2, 2022 /PRNewswire/ -- The following is a report of earnings for Seaboard Corporation (NYSE American: SEB), with offices at 9000 West 67 th Street, Merriam, Kansas , for the three and six months ended July 2, 2022, and July 3, 2021, in millions of dollars except share and per share amounts (unaudited).
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Three Months Ended |
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Six Months Ended |
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July 2, |
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July 3, |
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July 2, |
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July 3, |
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2022 |
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2021 |
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2022 |
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2021 |
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Net sales |
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$ |
2,973 |
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$ |
2,430 |
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$ |
5,682 |
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$ |
4,489 |
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Operating income |
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$ |
192 |
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$ |
165 |
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$ |
338 |
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$ |
257 |
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Net earnings attributable to Seaboard |
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$ |
108 |
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$ |
176 |
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$ |
211 |
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$ |
355 |
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Earnings per common share |
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$ |
92.53 |
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$ |
151.56 |
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$ |
181.81 |
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$ |
305.59 |
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Average number of shares outstanding |
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1,160,779 |
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1,160,779 |
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1,160,779 |
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1,160,779 |
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Dividends declared per common share |
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$ |
2.25 |
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$ |
2.25 |
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$ |
4.50 |
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$ |
4.50 |
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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 August 22, 2022 , to stockholders of record at the close of business on August 12, 2022 .
SOURCE Seaboard Corporation
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