Smithfield Foods Declares Quarterly Dividend of $0.3125 Per Share

Smithfield Foods announced a quarterly dividend of $0.3125 per share, payable August 27, 2026, to eligible shareholders.

Quiver AI Summary

Smithfield Foods, Inc. announced that its Board of Directors has approved a quarterly dividend of $0.3125 per share of common stock, which will be paid on August 27, 2026, to shareholders who are on record as of August 13, 2026. Smithfield Foods is a leading American company in the packaged meats and fresh pork market, known for its diverse brand portfolio and strong relationships with farmers and customers in the U.S.

Potential Positives

Board of Directors approved a quarterly dividend payment of $0.3125 per share, demonstrating the company's commitment to returning value to its shareholders.
The dividend payment reflects the company's financial health and stability, which can enhance investor confidence.
The announcement may attract new investors seeking income-generating investments in the food sector.

Potential Negatives

Despite declaring a quarterly dividend, the company does not mention any growth or improvement in financial performance, which may raise concerns among investors about its overall financial health.
The press release lacks details regarding potential challenges or risks the company may be facing, which could lead to speculation and concern among stakeholders.

FAQ

What is the recent dividend announced by Smithfield Foods?

Smithfield Foods announced a quarterly dividend payment of $0.3125 per share of common stock.

When will the dividend be paid to shareholders?

The dividend will be paid on August 27, 2026, to shareholders recorded by August 13, 2026.

How often does Smithfield Foods pay dividends?

This announcement pertains to a quarterly dividend payment; Smithfield Foods typically pays dividends quarterly.

What is Smithfield Foods' business focus?

Smithfield Foods is an industry leader in value-added packaged meats and fresh pork products.

Who can I contact for investor inquiries about Smithfield Foods?

Investor inquiries can be directed to Julie MacMedan at [email protected].

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$SFD Insider Trading Activity

$SFD insiders have traded $SFD stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $SFD stock by insiders over the last 6 months:

STEVEN FRANCE (President, Packaged Meats) sold 82,825 shares for an estimated $2,221,366
MARK L. HALL (Chief Financial Officer) sold 78,579 shares for an estimated $2,071,342
RAYMOND A STARLING sold 3,960 shares for an estimated $106,029

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$SFD Revenue

$SFD had revenues of $3.8B in Q1 2026. This is an increase of 0.77% from the same period in the prior year.

You can track SFD financials on Quiver Quantitative's SFD stock page.

You can access data on SFD stock through the Quiver Quantitative API.

$SFD Hedge Fund Activity

We have seen 158 institutional investors add shares of $SFD stock to their portfolio, and 80 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

TWO SIGMA INVESTMENTS, LP added 2,814,672 shares (+200.7%) to their portfolio in Q1 2026, for an estimated $78,726,375
LSV ASSET MANAGEMENT added 2,286,616 shares (+inf%) to their portfolio in Q1 2026, for an estimated $63,956,649
ZIMMER PARTNERS, LP removed 2,090,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $58,457,300
MILLENNIUM MANAGEMENT LLC removed 1,554,694 shares (-58.6%) from their portfolio in Q1 2026, for an estimated $43,484,791
DEUTSCHE BANK AG\ removed 1,427,864 shares (-99.8%) from their portfolio in Q1 2026, for an estimated $39,937,356
AQR CAPITAL MANAGEMENT LLC added 1,089,120 shares (+4005.1%) to their portfolio in Q1 2026, for an estimated $30,462,686
ASSENAGON ASSET MANAGEMENT S.A. added 782,148 shares (+inf%) to their portfolio in Q2 2026, for an estimated $18,974,910

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$SFD Price Targets

Multiple analysts have issued price targets for $SFD recently. We have seen 3 analysts offer price targets for $SFD in the last 6 months, with a median target of $32.0.

Here are some recent targets:

Peter Galbo from B of A Securities set a target price of $32.0 on 07/02/2026
Benjamin Theurer from Barclays set a target price of $32.0 on 04/29/2026
Dara Mohsenian from Morgan Stanley set a target price of $31.0 on 03/25/2026

Full Release

SMITHFIELD, Va., July 30, 2026 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (Nasdaq: SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced its Board of Directors approved a quarterly dividend payment of $0.3125 per share of common stock to be paid on August 27, 2026, to shareholders of record at the close of business on August 13, 2026.

About Smithfield Foods
Smithfield Foods, Inc. (Nasdaq: SFD) is an American food company with a leading position in packaged meats and fresh pork products. With a diverse brand portfolio and strong relationships with U.S. farmers and customers, we responsibly meet demand for quality protein around the world.

Investor Contact:
Julie MacMedan
Email: [email protected]

Media Contact:
Ray Atkinson
Email: [email protected]
Cell: 757.576.1383