Cal-Maine Foods Inc. Announces Quarterly Dividend of $0.36 (CALM)
Cal-Maine Foods (NASDAQ:CALM) declared a quarterly dividend on Tuesday, January 7th, Stock Ratings Network.com reports. Stockholders of record on Wednesday, January 29th will be given a dividend of 0.361 per share on Thursday, February 13th. This represents a $1.44 dividend on an annualized basis and a yield of 2.53%.
Shares of Cal-Maine Foods (NASDAQ:CALM) traded down 0.39% during mid-day trading on Tuesday, hitting $56.76. The stock had a trading volume of 23,575 shares. Cal-Maine Foods has a 1-year low of $38.81 and a 1-year high of $61.34. The stock’s 50-day moving average is $55.72 and its 200-day moving average is $50.78. The company has a market cap of $1.368 billion and a price-to-earnings ratio of 22.35.
Cal-Maine Foods (NASDAQ:CALM) last posted its quarterly earnings results on Monday, December 30th. The company reported $1.09 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.33 by $0.76. The company had revenue of $354.30 million for the quarter, compared to the consensus estimate of $328.90 million. During the same quarter in the previous year, the company posted $0.60 earnings per share. The company’s revenue for the quarter was up 7.7% on a year-over-year basis. Analysts expect that Cal-Maine Foods will post $3.05 EPS for the current fiscal year.
Cal-Maine Foods, Inc is a producer and marketer of shell eggs in the United States. During the fiscal year ended May 28, 2011 (NASDAQ:CALM), the Company sold approximately 834.
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