Cal-Maine Foods cuts dividend by 26.6%
Cal-Maine Foods will pay a dividend of $0.434 for the fiscal fourth quarter of 2014, compared to $0.591 in the previous quarter.
The egg-producer maintains a variable dividend policy and pays a third of it's net income as a dividend to shareholders each quarter. If Cal-Maine doesn't report net income in a quarter, no dividends are paid.
The egg-producer maintains a variable dividend policy and pays a third of it's net income as a dividend to shareholders each quarter. If Cal-Maine doesn't report net income in a quarter, no dividends are paid.
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