SEB - SEABOARD CORPORATIONREPORT OF EARNINGS AND DIVIDEND DECLARATION
PR Newswire
MERRIAM, Kan. , Feb. 13, 2024 /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 quarters and years ended December 31, 2023 and December 31, 2022, in millions of dollars except share and per share amounts.
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Three Months Ended |
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Years Ended |
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December 31, |
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December 31, |
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December 31, |
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December 31, |
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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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$ |
2,282 |
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$ |
2,666 |
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$ |
9,562 |
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$ |
11,243 |
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Operating income (loss) |
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$ |
(87) |
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$ |
164 |
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$ |
(87) |
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$ |
657 |
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Net earnings attributable to Seaboard |
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$ |
64 |
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$ |
223 |
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$ |
226 |
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$ |
580 |
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Earnings per common share |
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$ |
64.67 |
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$ |
192.11 |
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$ |
202.21 |
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$ |
499.66 |
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Average number of shares outstanding |
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989,615 |
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1,160,779 |
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1,117,636 |
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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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$ |
9.00 |
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$ |
9.00 |
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Seaboard Corporation today filed its Annual Report on Form 10-K with the United States Securities and Exchange Commission. Seaboard Corporation has provided access to the Annual Report on Form 10-K 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 March 4, 2024 to stockholders of record at the close of business on February 23, 2024 .
SOURCE Seaboard Corporation
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