Seaboard Corporation (NYSEMKT:SEB) Files An 8-K Results of Operations and Financial Condition

ME Staff 8-k
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Seaboard Corporation (NYSEMKT:SEB) Files An 8-K Results of Operations and Financial Condition
Item 2.02  Results of Operations and Financial Condition

On May 3, 2017,  the Registrant issued a press release announcing earnings for the quarter ended April 1, 2017 and that the Board has declared a quarterly cash dividend of $1.50 per share of common stock, payable on May 25, 2017, to shareholders of record at the close of business on May 15, 2017. The full text of this press release is included as Exhibit 99.1 to this Current Report on Form 8-K.

In accordance with General Instruction B.2 of Form 8-K, the information furnished to Item 2.02, and the related press release included as Exhibit 99.1 to this Current Report, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01  Financial Statements and Exhibits

(d)   Exhibits

99.1 Press release of Seaboard Corporation dated May 3, 2017 announcing earnings for the quarter ended April 1, 2017 and a declaration of a dividend. 

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About Seaboard Corporation (NYSEMKT:SEB)

Seaboard Corporation is an agribusiness and transportation company. The Company is primarily engaged in pork production and processing, and ocean transportation. Its divisions include Pork, Commodity Trading and Milling, Marine, Sugar, Power, Turkey and Other. Overseas, the Company is primarily engaged in commodity merchandising, grain processing, sugar production and electric power generation. The Company produces and sells frozen pork products to further processors, food service operators, grocery stores, distributors and retail outlets throughout the United States. It markets wheat, corn, soybean meal and other commodities in bulk to third parties and affiliated companies. As of December 31, 2016, its third-party agents provided cargo shipping services to 26 countries between the United States, the Caribbean Basin, and Central and South America. It sells power on the market accessed by government-owned distribution companies or partially government-owned generation companies.

Seaboard Corporation (NYSEMKT:SEB) Recent Trading Information

Seaboard Corporation (NYSEMKT:SEB) closed its last trading session down -145.44 at 4,031.16 with 561 shares trading hands.