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 | | Years Ended | | ||||||||
| | December 31, | | December 31, | | December 31, | | December 31, | | ||||
| | 2023 | | 2022 | | 2023 | | 2022 | | ||||
Net sales | | $ | 2,282 | | $ | 2,666 | | $ | 9,562 | | $ | 11,243 | |
Operating income (loss) | | $ | (87) | | $ | 164 | | $ | (87) | | $ | 657 | |
Net earnings attributable to Seaboard | | $ | 64 | | $ | 223 | | $ | 226 | | $ | 580 | |
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Earnings per common share | | $ | 64.67 | | $ | 192.11 | | $ | 202.21 | | $ | 499.66 | |
Average number of shares outstanding | | | 989,615 | | | 1,160,779 | | | 1,117,636 | | | 1,160,779 | |
Dividends declared per common share | | $ | 2.25 | | $ | 2.25 | | $ | 9.00 | | $ | 9.00 | |
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