CPB Inc. (CPF) To Go Ex-Dividend on August 31st

CPB Inc. (NYSE:CPF – Get Free Report) announced a quarterly dividend on Thursday, July 23rd. Shareholders of record on Monday, August 31st will be given a dividend of 0.30 per share by the financial services provider on Tuesday, September 15th. This represents a c) annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Monday, August 31st. This is a 3.4% increase from CPB’s previous quarterly dividend of $0.29.

CPB has increased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 1 years. CPB has a payout ratio of 37.7% meaning its dividend is sufficiently covered by earnings. Analysts expect CPB to earn $3.63 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 33.1%.

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CPB Price Performance

CPB stock opened at $37.91 on Friday. The firm has a market capitalization of $976.18 million, a P/E ratio of 12.15 and a beta of 0.85. CPB has a one year low of $27.38 and a one year high of $40.99. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.84 and a quick ratio of 0.84. The business has a fifty day moving average price of $38.44 and a 200-day moving average price of $35.28.

CPB (NYSE:CPF – Get Free Report) last released its quarterly earnings data on Friday, July 24th. The financial services provider reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.02. The company had revenue of $77.45 million for the quarter, compared to analyst estimates of $75.69 million. CPB had a return on equity of 14.20% and a net margin of 22.52%.During the same period in the previous year, the company posted $0.67 EPS. As a group, equities research analysts forecast that CPB will post 3.32 EPS for the current year.

CPB Company Profile

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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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