Cal-Maine Foods Payout ratio
What is the Payout ratio of Cal-Maine Foods?
The Payout ratio of Cal-Maine Foods, Inc. is 33.14%
What is the definition of Payout ratio?
Payout ratio is the fraction of earnings paid in dividends to stockholders.
ttm (trailing twelve months)
The payout ratio is calculated by dividing the dividends paid out by the net earnings for a certain period. It is usually expressed as a percentage. The part of the earnings not paid to investors is left for investment to provide for future earnings growth. Investors seeking high current income and limited capital growth prefer companies with high payout ratio. However investors seeking capital growth may prefer lower payout ratio because capital gains are taxed at a lower rate. High growth firms in early life generally have low or zero payout ratios. As they mature, they tend to return more of the earnings back to investors.
Payout ratio of companies in the Consumer Staples sector on NASDAQ compared to Cal-Maine Foods
What does Cal-Maine Foods do?
we are the largest producer and marketer of shell eggs in the united states. in fiscal 2012, we sold approximately 884.3 million dozen shell eggs, which represented approximately 19% of domestic shell egg consumption. our total flock of approximately 26.2 million layers and 6.6 million pullets and breeders is the largest in the united states. layers are mature female chickens, pullets are young female chickens usually under 20 weeks of age, and breeders are male or female chickens used to produce fertile eggs to be hatched for egg production flocks. we operate in a single segment. our primary business is the production, grading, packaging, marketing and distribution of shell eggs. we sell most of our shell eggs in 29 states, primarily in the southwestern, southeastern, mid-western and mid-atlantic regions of the united states. we market our shell eggs through our extensive distribution network to a diverse group of customers, including national and regional grocery store chains, club s
Companies with payout ratio similar to Cal-Maine Foods
- Quebecor has Payout ratio of 33.09%
- Dominos Pizza Inc has Payout ratio of 33.11%
- XRF Scientific has Payout ratio of 33.12%
- Prime Securities has Payout ratio of 33.12%
- National Bank Corp has Payout ratio of 33.13%
- Infinity Development has Payout ratio of 33.14%
- Cal-Maine Foods has Payout ratio of 33.14%
- ESSA Bancorp Inc has Payout ratio of 33.15%
- Sonae SGPS SA has Payout ratio of 33.17%
- China Telecom has Payout ratio of 33.20%
- BrandywineGLOBAL - Global Income Opportunities Fund Inc has Payout ratio of 33.24%
- Brunswick has Payout ratio of 33.27%
- JM has Payout ratio of 33.29%