Report Of Earnings And Dividend Declaration

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Aug 02, 2017, 16:54 ET

MERRIAM, Kan., Aug. 2, 2017 /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, 2017 and July 2, 2016, in millions of dollars except share and per share amounts.



	Three Months Ended				Six Months Ended
	July 1,		July 2,		July 1,		July 2,
	2017		2016		2017		2016
Net sales	$	1,422	$	1,357	$	2,821	$	2,676
Net earnings attributable to Seaboard	$	58	$	80	$	143	$	134

Earnings per common share	$	50.51	$	68.34	$	122.35	$	114.25
Average number of shares outstanding		1,170,550		1,170,550		1,170,550		1,170,550
Dividends declared per common share	$	1.50	$	—	$	3.00	$	—

Also, Seaboard Corporation announced today that its Board of Directors has authorized and declared a quarterly cash dividend of $1.50 per share of its common stock. The dividend is payable on August 24, 2017, to stockholders of record at the close of business on August 14, 2017.

Seaboard Corporation today filed its Quarterly Report on Form 10-Q with the United States Securities and Exchange Commission. Seaboard has provided access to the Quarterly Report on Form 10-Q on its website at https://www.seaboardcorp.com/investors.

SOURCE Seaboard Corporation