SEB - SEABOARD CORPORATION: REPORT OF EARNINGS AND DIVIDEND DECLARATION
PR Newswire
MERRIAM, Kan. , Aug. 1, 2023 /PRNewswire/ -- The following is a report of earnings for Seaboard Corporation (NYSE American symbol: SEB), with offices at 9000 West 67 th Street, Merriam, Kansas , for the three- and six-months ended July 1, 2023 and July 2, 2022, in millions of dollars except share and per share amounts.
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Three Months Ended |
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Six Months Ended |
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July 1, |
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July 2, |
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July 1, |
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July 2, |
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2023 |
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2022 |
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2023 |
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2022 |
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Net sales |
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$ |
2,393 |
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$ |
2,973 |
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$ |
4,892 |
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$ |
5,682 |
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Operating income (loss) |
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$ |
(4) |
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$ |
192 |
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$ |
(67) |
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$ |
338 |
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Net earnings attributable to Seaboard |
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$ |
52 |
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$ |
108 |
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$ |
36 |
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$ |
211 |
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Earnings per common share |
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$ |
44.80 |
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$ |
92.53 |
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$ |
31.01 |
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$ |
181.81 |
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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 21, 2023 to stockholders of record at the close of business on August 11, 2023 .
SOURCE Seaboard Corporation
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