Jbs S.A. (JBSAY) to Issue Dividend of $0.37 on June 3rd

Jbs S.A. (OTCMKTS:JBSAY – Get Rating) declared a dividend on Wednesday, May 18th, investing.com reports. Investors of record on Monday, May 23rd will be paid a dividend of 0.3666 per share on Friday, June 3rd. This represents a dividend yield of 6.82%. The ex-dividend date is Friday, May 20th. This is a boost from JBS’s previous dividend of $0.35.

JBS stock traded down $0.03 during mid-day trading on Wednesday, reaching $15.50. 24,606 shares of the company’s stock were exchanged, compared to its average volume of 116,243. The business’s fifty day simple moving average is $15.33 and its 200 day simple moving average is $14.12. The firm has a market capitalization of $17.40 billion, a PE ratio of 4.26 and a beta of 1.02. JBS has a one year low of $10.83 and a one year high of $16.80. The company has a quick ratio of 0.84, a current ratio of 1.40 and a debt-to-equity ratio of 1.69.

JBS (OTCMKTS:JBSAY – Get Rating) last issued its quarterly earnings results on Monday, March 21st. The company reported $0.96 EPS for the quarter. The business had revenue of $17.42 billion for the quarter. JBS had a return on equity of 49.15% and a net margin of 6.44%.

Separately, Barclays initiated coverage on JBS in a research note on Monday, March 14th. They issued an “overweight” rating on the stock.

About JBS (Get Rating)

JBS SA, a food company, processes and trades in animal protein worldwide. It offers beef, pork, chicken, and lamb products and by-products; food products; pet food and concentrates; and bresaola. The company also produces and commercializes steel cans, plastic resins, soap bases and bars, biodiesel, glycerin, fatty acid, collagen, and wrapper, as well as wet blue, semi-finished, and finished leather products; manages industrial residue; purchases and sells soybeans; and produces, cogenerates, and commercializes electric power.

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