Smithfield Foods, Inc. Common Stock Dividends
The next dividend date for Smithfield Foods, Inc. Common Stock has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Smithfield Foods, Inc. Common Stock (SFD)
More About Smithfield Foods, Inc. Common Stock
Smithfield Foods, Inc. produces packaged meats and fresh pork in the United States and internationally. Its Packaged Meats segment processes fresh meat into various packaged meats products, including bacon, sausage, hot dogs, deli and lunch meats, dry sausage products, ham products, ready-to-eat products, and prepared foods to retail and foodservice customers. This segment markets its packaged meat products under the Smithfield, Eckrich, Nathan's Famous, Farmland, Armour, Farmer John, Kretschmar, Krakus, John Morrell, Cook's, Gwaltney, Carando, Margherita, Curly's and Smithfield Culinary, as well as under private labels. The company's Fresh Pork segment process live hogs into a variety of primal, sub-primal, and offal products, such as bellies, butts, hams, loins, picnics, and ribs. This segment sells its fresh pork products to retail, foodservice and industrial customers, as well as to export markets, including China, Mexico, Japan, South Korea, and Canada. Its Hog Production segment produces and raises its hogs on various company-owned farms and farms that are owned and operated by third-party contract farmers in the United States and Mexico. The Hog Production segment also sells grains to external customers. The company's bioscience operations use raw materials from hogs that process to manufacture heparin products, including an active pharmaceutical ingredient that mitigates the risk of blood clots. The company was founded in 1936 and is based in Smithfield, Virginia. Smithfield Foods, Inc. is a subsidiary of SFDS UK Holdings Limited.
Owning Smithfield Foods, Inc. Common Stock Stock on the Dividend Date
If you own Smithfield Foods, Inc. Common Stock stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Smithfield Foods, Inc. Common Stock stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Smithfield Foods, Inc. Common Stock stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Smithfield Foods, Inc. Common Stock stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Smithfield Foods, Inc. Common Stock dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Smithfield Foods, Inc. Common Stock Dividends
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