Sanderson Farms Stock To Go Ex-dividend Tomorrow (SAFM)

NEW YORK ( TheStreet) -- The ex-dividend date for Sanderson Farms (Nasdaq: SAFM) is tomorrow, May 4, 2012. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $51 as of 9:30 a.m. ET, the dividend yield is 1.3%.

The average volume for Sanderson Farms has been 247,200 shares per day over the past 30 days. Sanderson Farms has a market cap of $1.13 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 1.6% 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, solid stock price performance and increase in net income. However, as a counter to these strengths, we also find weaknesses including 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.
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