Cal-Maine Foods with second big dividend hike in 2025
Second Increase This Year by CALM, Dividend Up 239.2% YTD
Cal-Maine Foods CALM 0.00%↑ has announced a new quarterly dividend of $3.456 per share, marking its second dividend increase of the year. Following a 46.2% increase in Q1, the company is now raising the dividend by an additional 132%, resulting in a year-to-date increase of 239.2%.
At the current share price of $98.99, the theoretical annualized dividend would amount to $13.82, implying a theoretical dividend yield of approximately 14% — by far the highest quarterly payout in the company's history.
In 2024 Cal-Maine Foods hiked its dividend by 16,833%; by far the biggest increase in the USA
As is well known by long-time followers of Cal-Maine, the company operates a variable dividend policy, tying its payout directly to earnings. The higher the earnings in a given quarter, the higher the dividend. Cal-Maine has benefited significantly from elevated egg prices in recent quarters, which has driven profitability — and therefore dividend levels — to new highs.
It is important to note that future dividend payments will continue to depend on quarterly earnings. The recently declared $3.456 dividend does not guarantee similar payouts in future quarters.
Shares of Cal-Maine continue to perform strongly and are currently trading near their all-time high on the New York Stock Exchange.
Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.