Pilgrim's Pride Sets $1.5 Billion Special Dividend
Pilgrim's Pride on Friday said its board declared a special dividend of $6.30, payable April 17 to shareholders of record April 3. The Greeley, Colo., chicken company, which doesn't pay a regular ...
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Pilgrim's Pride's Q4 profits double on cheaper chicken feed
Lower prices on chicken feed and increased demand for poultry led Pilgrim’s Pride’s (NASDAQ:PPC) profits to more than double on a per share basis in the fourth quarter, even while sales were ...
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Pilgrim’s Pride to Pay $75 Million to Chicken Buyers in Antitrust Case
(Bloomberg) -- America’s top two chicken producers have reached agreements with buyers to settle complaints over price-fixing allegations. Pilgrim’s Pride Corp., owned by Brazil’s JBS SA ...
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Peak Chicken Markets Benefit Pilgrim's Pride Near Term but Commodity Cylicality Still Exists
Moreover, most of Pilgrim’s Pride’s sales come from fresh chicken, a commodity that carries no pricing power. We see no evidence of a cost advantage, as margins appear somewhat middling ...