Brf S.A. (BRFS) to Issue — Dividend of $0.10 on December 16th

Brf S.A. (NYSE:BRFS) declared a — dividend on Thursday, November 14th,NASDAQ Dividends reports. Shareholders of record on Wednesday, November 27th will be paid a dividend of 0.1001 per share on Monday, December 16th. This represents a yield of 1.8%. The ex-dividend date of this dividend is Wednesday, November 27th. This is a boost from BRF’s previous — dividend of $0.03.

BRF Trading Up 0.5 %

Shares of BRF stock opened at $4.34 on Monday. The stock has a 50 day moving average of $4.36 and a 200 day moving average of $4.11. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.93 and a current ratio of 1.45. The firm has a market capitalization of $4.70 billion, a price-to-earnings ratio of 10.09, a PEG ratio of 0.23 and a beta of 1.93. BRF has a fifty-two week low of $2.45 and a fifty-two week high of $4.76.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on BRFS shares. StockNews.com raised BRF from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, November 20th. Bank of America upped their price objective on shares of BRF from $22.00 to $24.00 and gave the stock a “neutral” rating in a report on Thursday, August 15th. Finally, Barclays lifted their target price on shares of BRF from $4.50 to $5.00 and gave the company an “overweight” rating in a report on Friday, August 16th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $10.70.

BRF Company Profile

BRF SA raises, produces, and slaughters poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, margarine, pet food, and other products. The company provides frozen whole and cut chicken, frozen pork, and turkey, and halal products for Islamic markets; processed foods, such as marinated, frozen, seasoned whole, and cut chicken, roosters, sausages, ham products, bologna, frankfurters, salamis, bacons, cold meats, and other smoked products; and hamburgers, steaks, breaded meat products, kibbeh, and meatballs, as well as chicken sausages, hot dogs, and chicken bologna.