LAUREL — Sanderson Farms Inc.’s board of directors has declared a regular quarterly cash dividend of $0.22 per share. This represents a new annual dividend rate of $0.88 per share.
The board has also authorized a special cash dividend payment of $0.50 per share.
Both the regular quarterly cash dividend and the special cash dividend are payable on Oct. 14 to stockholders of record on Sept. 30. Payment of the regular quarterly cash dividend will remain subject to board approval each quarter.
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