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SEABOARD CORPORATION REPORT OF EARNINGS AND DIVIDEND DECLARATION

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MERRIAM, Kan., May 3, 2023 /PRNewswire/ -- The following is a report of earnings for Seaboard Corporation (NYSE American: SEB), with offices at 9000 West 67th Street, Merriam, Kansas, for the three months ended April 1, 2023 and April 2, 2022, in millions of dollars except share and per share amounts.



















Three Months Ended




April 1,
2023


April 2,
2023


Net sales


$

2,499


$

2,709


Operating income (loss)


$

(63)


$

146


Net earnings (loss) attributable to Seaboard


$

(16)


$

103










Earnings per common share


$

(13.78)


$

89.28


Average number of shares outstanding



1,160,779



1,160,779


Dividends declared per common share


$

2.25


$

2.25


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 May 25, 2023 to stockholders of record at the close of business on May 15, 2023.

Cision View original content:https://www.prnewswire.com/news-releases/seaboard-corporation-report-of-earnings-and-dividend-declaration-301815198.html

SOURCE Seaboard Corporation

Seaboard Corp.

NYSE:SEB

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About SEB

seaboard corporation is a unique company with a rich history dating back more than 90 years. although the company has evolved over time through acquisitions, partnerships and internal growth, its roots are in grain and agriculturally derived products. common to all our endeavors, we strive to distinguish ourselves in the industries we select. seaboard corporation is a diverse global agribusiness and transportation company. in the united states, seaboard is primarily engaged in pork production and processing and ocean transportation. overseas, seaboard is primarily engaged in commodity merchandising, grain processing, sugar production and electric power generation. seaboard also has an interest in turkey operations in the united states. seaboard corporation directly or indirectly employs more than 25,000 people worldwide. we are #417 on the 2015 fortune 500 list with net sales of approximately $6.5 billion annually. seaboard is traded on the nyse alternext exchange under the symbo