Sanderson Farms, Inc. (NASDAQ:SAFM) Updates On Quarterly Dividend


As per Sanderson Farms, Inc. (NASDAQ:SAFM) statement on 2016-07-29, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.22 per share as dividend to stakeholders. The record date is set as 2016-08-09, the payout date as 2016-08-23 and the ex-dividend date is 2016-08-05.

Last fiscal Sanderson Farms, Inc. (NASDAQ:SAFM) disbursed cash dividend of $0.22. A year ago, the payout was $0.22, which indicates a difference of 4.5455%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.22, implying 17.3539% growth.

For the period ended on 2015-10-31, Sanderson Farms, Inc. (NASDAQ:SAFM)’s earnings came at $2.42 per share compared to EPS of $1.22 a year ago. This quarter the firm can post earnings for quarter ending 2016-10-31 on or around 2016-12-15. For this quarter, the analysts have earnings estimate of $1.82 per share.

The interim price target for Sanderson Farms, Inc. (NASDAQ:SAFM) is set at $86.5. This level is the mean price reached by averaging the stock views of 2 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Sanderson Farms, Inc. (NASDAQ:SAFM) is seen at $113 and the lowest level is established at $60. This broad range highlights a standard deviation of $37.476 in reported estimates.

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