Table of Contents

company-logo

Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company offers canned, frozen, and bottled produce; jarred fruit; and snack chips and other food products under the private label, as well as under various national and regional brands that the company owns or licenses, including Seneca, Libby's, Aunt Nellie's, Cherryman, Green Valley, and READ. It also packs canned and frozen vegetables under contract packing agreements. In addition, the company engages in the sale of cans and ends, as well as trucking and aircraft operations. It provides its products to grocery outlets, including supermarkets, mass merchandisers, limited assortment stores, club stores, and dollar stores; and food service distributors, restaurant chains, industrial markets, other food packagers, and export customers in 90 countries, as well as federal, state, and local governments for school and other feeding programs. The company was incorporated in 1949 and is headquartered in Marion, New York.

Seneca Foods Dividend Announcement

• Seneca Foods does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Seneca Foods dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Seneca Foods Dividend History

Seneca Foods Dividend Yield

Seneca Foods current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Seneca Foods stock? Use our calculator to estimate your expected dividend yield:

Seneca Foods Financial Ratios

P/E ratio12.01
PEG ratio0.47
P/B ratio0.83
ROE7.00%
Payout ratio0.06%
Current ratio2.64
Quick ratio0.33
Cash Ratio0.02

Seneca Foods Dividend FAQ

Does Seneca Foods stock pay dividends?
Seneca Foods does not currently pay dividends to its shareholders.
Has Seneca Foods ever paid a dividend?
No, Seneca Foods has no a history of paying dividends to its shareholders. Seneca Foods is not known for its dividend payments.
Why doesn't Seneca Foods pay dividends?
There are several potential reasons why Seneca Foods would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Seneca Foods ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Seneca Foods has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Seneca Foods a dividend aristocrat?
Seneca Foods is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Seneca Foods a dividend king?
Seneca Foods is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Seneca Foods a dividend stock?
No, Seneca Foods is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Seneca Foods stocks?
To buy Seneca Foods you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Seneca Foods stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.