Seaboard Corporation Report Of Earnings And Dividend Declaration

MERRIAM, Kan., Oct. 27, 2020

		Three Months Ended						Nine Months Ended
		September 26,			September 28,			September 26,			September 28, ARIVA.DE Börsen-Geflüster Kurse Seaboard Corp 3.267,98 $ +1,89%
		2020			2019			2020			2019
Net sales		$	1,645		$	1,663		$	5,136		$	5,028
Net earnings (loss) attributable to Seaboard		$	147		$	(7)		$	18		$	108
Earnings (loss) per common share		$	126.17		$	(6.00)		$	15.14		$	92.97
Average number of shares outstanding			1,160,779			1,165,081			1,161,792			1,166,073
Dividends declared per common share		$	2.25		$	2.25		$	6.75		$	6.75

Notes to Report of Earnings:

Capital market volatility on short-term investments has an impact on Seaboard's earnings. For the three and nine months ended September 26, 2020, net earnings attributable to Seaboard Corporation included other investment income (loss) of $56 million and $(41) million, respectively. For the three and nine months ended September 28, 2019, net earnings (loss) attributable to Seaboard Corporation included other investment income of $2 million and $152 million, respectively. Non-cash unrealized marked-to-market gains (losses) on short-term investments was $53 million and $(45) million for the three and nine months ended September 26, 2020, respectively.

Seaboard Corporation announced today that its Board of Directors has authorized and declared a quarterly cash dividend of $2.25 per share of its common stock. The dividend is payable on November 16, 2020 to stockholders of record at the close of business on November 6, 2020.

Seaboard Corporation today filed its Quarterly Report on Form 10-Q with the United States Securities and Exchange Commission. Seaboard Corporation has provided access to the Quarterly Report on Form 10-Q on its website at https://www.seaboardcorp.com/investors.

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SOURCE Seaboard Corporation