Brf S.A. (NYSE:BRFS) Announces — Dividend of $0.10

Brf S.A. (NYSE:BRFS) declared a — dividend on Thursday, November 14th,NASDAQ Dividends reports. Shareholders of record on Wednesday, November 27th will be given 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 Stock Up 0.5 %

BRFS opened at $4.36 on Tuesday. The firm has a market cap of $4.72 billion, a P/E ratio of 10.14, a PEG ratio of 0.23 and a beta of 1.93. The business’s fifty day simple moving average is $4.35 and its 200 day simple moving average is $4.11. BRF has a 52 week low of $2.45 and a 52 week high of $4.76. The company has a quick ratio of 0.93, a current ratio of 1.45 and a debt-to-equity ratio of 1.05.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Barclays upped their price objective on shares of BRF from $4.50 to $5.00 and gave the company an “overweight” rating in a research note on Friday, August 16th. StockNews.com upgraded BRF from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 20th. Finally, Bank of America increased 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. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, BRF currently has an average rating of “Moderate Buy” and a consensus target price of $10.70.

About BRF

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.