dividend
confidence high
sentiment positive
materiality 0.90
Pilgrim's Pride declares $1.5B special dividend ($6.30/share) alongside long-term capital strategy
PILGRIMS PRIDE CORP
- Special cash dividend of $6.30 per share (~$1.5B total) payable April 17, 2025 to holders of record April 3, 2025.
- Over last five years: $950M in acquisitions, $1.8B in buybacks and dividends, $2.2B in capex.
- Plans to expand prepared foods, add small bird capacity, convert big bird plant to case ready, and upgrade protein conversion.