Source: Rita Jane Gabbett, MEATINGPLACE, 9/19/14


Poultry processor Sanderson Farms has authorized a special cash dividend of 50 cents per share in addition to its regular quarterly cash dividend of 22 cents per share, the company announced.

Both are payable on Oct. 14, 2014.

Commenting on the announcement, Joe Sanderson, Jr., chairman and chief executive officer of Sanderson Farms, Inc., said,

“The Board’s decision to approve these dividend payments reflects Sanderson Farms’ solid operating performance, our strong financial position, and our confidence in the future... We will continue to maintain a strong balance sheet that supports our business and provides the flexibility to pursue our growth strategy.”

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