Seaboard Corporation Report of Earnings and Dividend Declaration

Date : 03/06/2006 @ 6:14PM
Source : PR Newswire
Stock : Seaboard Cp (SEB)
Quote : 1458.0  0.0 (0.00%) @ 7:36PM
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Seaboard Corporation Report of Earnings and Dividend Declaration

SHAWNEE MISSION, Kan., March 6 /PRNewswire-FirstCall/ -- The following is a report of earnings for Seaboard Corporation (AMEX:SEB) with offices at 9000 West 67th Street, Shawnee Mission, Kansas 66202, (the "Company"), for the three and twelve months ended December 31, 2005 and 2004, in thousands of dollars except per share amounts.

Three Months Ended Twelve Months Ended December 31, December 31, 2005 2004 2005 2004 Net sales $601,826 $688,536 $2,688,894 $2,683,980 Net earnings $82,811 $59,915 $266,662 $168,096 Earnings per common share Basic $65.65 $47.74 $212.20 $133.94 Diluted $65.65 $47.74 $211.94 $133.94 Weighted average shares outstanding Basic 1,261,367 1,255,054 1,256,645 1,255,054 Diluted 1,261,367 1,255,054 1,258,202 1,255,054

Notes to Report of Earnings:

Seaboard Corporation today filed its Annual Report on Form 10-K with the United States Securities and Exchange Commission. Seaboard has provided access to the Annual Report on Form 10-K on its website at http://www.seaboardcorp.com/Financials.aspx .

The Company today announced that the Board of Directors of the Company has declared a dividend of seventy-five cents ($0.75) per share on the common stock of the Company payable March 31, 2006 to stockholders of record at the close of business on March 21, 2006.

DATASOURCE: Seaboard Corporation

CONTACT: Seaboard Corporation, +1-913-676-8800

Web site: http://www.seaboardcorp.com/

http://www.seaboardcorp.com/Financials.aspx

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