1715 ET - Cal-Maine investors are seeing a payoff from the egg producer's soaring profit. Cal-Maine pays a quarterly dividend equal to a third of its net income for that quarter, which has jumped this fiscal year as the avian flu squeezed egg supply. The company's new dividend is $2.35 a share, up from 77 cents a year earlier, thanks to net income tripling from the prior-year quarter. Though the payout is down from $3.46 a share the previous quarter sequentially. Cal-Maine has logged spikes in both revenue and profit over the past year as the price of a dozen eggs increased 55%. Shares rise 4% in after-hours trading. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
July 22, 2025 17:15 ET (21:15 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。