Cal-Maine Foods plans dividend
Shares of Cal-Maine Foods, Inc. (Nasdaq:CALM) are lower despite news before the opening that the producer and marketer of shell eggs will pay a dividend on May 15 to all shareholders of record on April 30. The Jackson, Miss.-based company will pay about $0.807 per share to holders of its common stock and a cash dividend of $0.767 per share to holders of its Class A common stock.
At 2:40 p.m. ET, the stock had let go $1.44, or 5%, to $28.40. For detailed price information and recent news stories about Cal-Maine Foods, click CALM.
