Cal-Maine Foods cuts dividend by 12,2%
The quarterly dividend is lowered from $0.434 to $0.381 per share.
Last quarter the dividend was cut by 26.6%. Cal-Maine pays a third of its net income as dividend, resulting in a variable quarterly dividend.
The new quarterly dividend gives the egg-company an indicated dividend yield of 1.6% at the current stock price of $94.
Last quarter the dividend was cut by 26.6%. Cal-Maine pays a third of its net income as dividend, resulting in a variable quarterly dividend.
The new quarterly dividend gives the egg-company an indicated dividend yield of 1.6% at the current stock price of $94.
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