CPB Inc. (CPF) To Go Ex-Dividend on May 29th

CPB Inc. (NYSE:CPFGet Free Report) announced a quarterly dividend on Tuesday, April 28th. Investors of record on Friday, May 29th will be paid a dividend of 0.29 per share by the financial services provider on Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Friday, May 29th.

CPB has increased its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 1 consecutive years. CPB has a dividend payout ratio of 36.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect CPB to earn $3.48 per share next year, which means the company should continue to be able to cover its $1.16 annual dividend with an expected future payout ratio of 33.3%.

CPB Stock Performance

Shares of NYSE:CPF opened at $35.17 on Wednesday. The company has a market cap of $917.94 million, a P/E ratio of 11.76 and a beta of 0.86. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.85 and a current ratio of 0.85. CPB has a one year low of $25.62 and a one year high of $35.45. The business’s 50-day simple moving average is $33.34 and its 200 day simple moving average is $32.30.

CPB (NYSE:CPFGet Free Report) last announced its earnings results on Wednesday, April 29th. The financial services provider reported $0.78 EPS for the quarter, beating the consensus estimate of $0.74 by $0.04. The business had revenue of $72.93 million for the quarter, compared to the consensus estimate of $74.30 million. CPB had a return on equity of 13.93% and a net margin of 21.96%. On average, sell-side analysts forecast that CPB will post 3.17 earnings per share for the current fiscal year.

About CPB

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Charoen Pokphand Foods Public Company Limited (NYSE: CPF) is a Thailand‐based integrated agro‐industrial and food conglomerate. Headquartered in Bangkok, the company is a subsidiary of the Charoen Pokphand Group and has grown into one of the world’s leading producers of livestock feed, meat and seafood products. CPF’s businesses span animal feed milling, animal breeding and hatchery operations, meat and seafood processing, and the distribution of fresh, frozen and value‐added food products.

CPF’s product portfolio includes poultry, swine and aquaculture feed; fresh and frozen chicken and pork; shrimp and other seafood; as well as ready‐to‐eat and ready‐to‐cook food items.

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Dividend History for CPB (NYSE:CPF)

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