Jul 30, 2024   SOURCE: PR NewsWire

SEABOARD CORPORATION REPORT OF EARNINGS AND DIVIDEND DECLARATION

MERRIAM, Kan., July 30, 2024 /PRNewswire/ -- The following is a report of earnings for Seaboard Corporation (NYSE American: SEB), with offices at 9000 West 67(th) Street, Merriam, Kansas, for the three and six months ended June 29, 2024 and July 1, 2023, in millions of dollars except share and per share amounts.



                                               
            Three Months Ended                
          Six Months Ended


                                                June 29,                    July 1,         June 29,              July 1,


                                                     2024                        2023              2024                  2023



     Net sales                             $
            2,209               $
            2,393     $
            4,400         $
            4,892



     Operating income (loss)                  $
            30                 $
            (4)       $
            10          $
            (67)



     Net earnings attributable to Seaboard    $
            61                  $
            52        $
            83            $
            36





     Earnings per common share             $
            62.82               $
            44.80     $
            85.47         $
            31.01



     Average number of shares outstanding          971,055                     1,160,779             971,055               1,160,779



     Dividends declared per common share    $
            2.25                $
            2.25      $
            4.50          $
            4.50

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

Also, Seaboard Corporation announced today that its Board of Directors has authorized and declared a quarterly cash dividend of $2.25 per share of its common stock. The dividend is payable on August 19, 2024 to stockholders of record at the close of business on August 9, 2024.

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SOURCE Seaboard Corporation