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SEABOARD CORPORATION REPORT OF EARNINGS AND DIVIDEND DECLARATION
SeaboardSeaboard(US:SEB) Prnewswireยท2024-07-30 20:33

Core Viewpoint - Seaboard Corporation has reported its financial results for the three and six months ended June 29, 2024, showing improvements in net earnings and operating income compared to the same periods in the previous year [3][4]. Financial Performance - Net sales for the three months ended June 29, 2024, were $2,209 million, a decrease from $2,393 million in the same period of 2023 [3]. - Operating income for the three months ended June 29, 2024, was $30 million, recovering from an operating loss of $4 million in the same period of 2023 [3]. - Net earnings attributable to Seaboard for the three months ended June 29, 2024, increased to $61 million, compared to $52 million in the same period of 2023 [3]. - Earnings per common share for the three months ended June 29, 2024, rose to $62.82, up from $44.80 in the same period of 2023 [3]. Dividend Declaration - The Board of Directors of Seaboard Corporation has declared a quarterly cash dividend of $2.25 per share, payable on August 19, 2024, to stockholders of record as of August 9, 2024 [5].