Smithfield Foods Declares Quarterly Dividend

Rhea-AI Summary

Smithfield Foods (Nasdaq: SFD), a leading American food company specializing in value-added packaged meats and fresh pork, has announced a quarterly dividend payment. The company's Board of Directors has approved a dividend of $0.25 per share of common stock. The dividend will be paid on May 29, 2025, to shareholders who are on record at the close of business on May 15, 2025.

Positive

• Regular dividend payment indicates financial stability and commitment to shareholder returns
• Maintains consistent shareholder distribution policy

Negative

• None.

News Market Reaction

+4.45%

1 alert

+4.45% News Effect

On the day this news was published, SFD gained 4.45%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

SMITHFIELD, Va., May 1, 2025 /PRNewswire/ -- Smithfield Foods, Inc. (Nasdaq: SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced its Board of Directors approved a quarterly dividend payment of $0.25 per share of common stock to be paid on May 29, 2025 to shareholders of record at the close of business on May 15, 2025.

About Smithfield Foods
Smithfield Foods, Inc. (Nasdaq: SFD) is an American food company with a leading position in packaged meats and fresh pork products. With a diverse brand portfolio and strong relationships with U.S. farmers and customers, we responsibly meet demand for quality protein around the world.

 

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SOURCE Smithfield Foods, Inc.

FAQ

What is the dividend amount for Smithfield Foods (SFD) announced in May 2025?

Smithfield Foods announced a quarterly dividend of $0.25 per share of common stock.

When is the payment date for Smithfield Foods' (SFD) May 2025 dividend?

The dividend payment date is May 29, 2025, for shareholders of record as of May 15, 2025.

Who is eligible to receive Smithfield Foods' (SFD) quarterly dividend announced in May 2025?

Shareholders who are on record at the close of business on May 15, 2025, are eligible to receive the dividend.

What is Smithfield Foods' (SFD) main business focus?

Smithfield Foods is an American food company that specializes in value-added packaged meats and fresh pork products.