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.

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.

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