Why it’s on the map
Marketed as a 'domestic sourcing winner' — but meat is on NEITHER list. Closing/selling 3 beef plants.
Government money & contracts
Long-standing USDA/AMS commodity vendor and DoD food supplier.
Customers & commercial
USDA, retail.
Catalysts
Section 32 pork purchases.
Risk
Cattle cycle, debt, litigation.
Tariff durability
Hype vs substance: thin.
Dividend · #8 of 47 payers by yield
3.58% yield
$2.04 a share a year · quarterly · pays Mar · Jun · Sept · Dec
Per payment$0.51a share, 4× a year
Next payoutDec 15declared · $0.51 a share
Last ex-dateSept 1, 2026next ex-date Dec 1, 2026
Last paidJun 15, 2026$0.51 a share
Payout ratio125%of earnings · paying out more than it earns
Raised12 yrsconsecutive years of increases
Payout ratio above 100%: the dividend is bigger than trailing earnings, which is how cuts start.
Shares at the Oct 30 close of $57.0417.53
Each payment$8.94
Per year · 4 payments$35.76
Recent payments
| Ex-date | Paid | Per share | |
|---|---|---|---|
| Dec 1, 2026 | Dec 15, 2026 | $0.51 | declared, upcoming |
| Sept 1, 2026 | Sept 15, 2026 | $0.51 | |
| Jun 1, 2026 | Jun 15, 2026 | $0.51 | |
| Feb 27, 2026 | Mar 13, 2026 | $0.51 |
Yield = $0.51 × 4 ÷ the Oct 30 close of $57.04. A dividend is a board decision, not a promise — it can be raised, cut or suspended any quarter. Dividend history source