MERRIAM, Kan., Oct. 30, 2023 /PRNewswire/ --The following is a report of earnings for Seaboard Corporation (NYSE American symbol: SEB), with offices at 9000 West 67th Street, Merriam, Kansas, for the three- and nine-months ended September 30, 2023 and October 1, 2022, in millions of dollars except share and per share amounts.
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| Three Months Ended |
| Nine Months Ended |
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| September 30, |
| October 1, |
| September 30, |
| October 1, |
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| 2023 |
| 2022 |
| 2023 |
| 2022 |
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Net sales |
| $ | 2,388 |
| $ | 2,895 |
| $ | 7,280 |
| $ | 8,577 |
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Operating income (loss) |
| $ | 67 |
| $ | 155 |
| $ | — |
| $ | 493 |
|
Net earnings attributable to Seaboard |
| $ | 126 |
| $ | 146 |
| $ | 162 |
| $ | 357 |
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Earnings per common share |
| $ | 108.55 |
| $ | 125.78 |
| $ | 139.56 |
| $ | 307.55 |
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Average number of shares outstanding |
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| 1,160,779 |
|
| 1,160,779 |
|
| 1,160,779 |
|
| 1,160,779 |
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Dividends declared per common share |
| $ | 2.25 |
| $ | 2.25 |
| $ | 6.75 |
| $ | 6.75 |
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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 November 20, 2023 to stockholders of record at the close of business on November 9, 2023.
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SOURCE Seaboard Corporation