NEW YORK (

TheStreet

) -- The ex-dividend date for

Sanderson Farms

(Nasdaq:

SAFM

) is tomorrow, February 3, 2012. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $50.72 as of 9:30 a.m. ET, the dividend yield is 1.3%.

The average volume for Sanderson Farms has been 330,400 shares per day over the past 30 days. Sanderson Farms has a market cap of $1.18 billion and is part of the

consumer goods

sector and

food & beverage

industry. Shares are down 0.2% year to date as of the close of trading on Wednesday.

Sanderson Farms, Inc., an integrated poultry processing company, engages in the production, processing, marketing, and distribution of fresh, frozen, and prepared chicken products in the United States.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates Sanderson Farms as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full

Sanderson Farms Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

null