Brf S.A. (NYSE:BRFS) Plans — Dividend of $0.02

Brf S.A. (NYSE:BRFS) announced a — dividend on Thursday, December 5th,Wall Street Journal reports. Stockholders of record on Wednesday, December 18th will be paid a dividend of 0.0217 per share on Thursday, January 9th. This represents a dividend yield of 1.6%. The ex-dividend date is Wednesday, December 18th.

BRF Stock Performance

Shares of BRFS opened at $4.62 on Monday. The company has a quick ratio of 0.93, a current ratio of 1.45 and a debt-to-equity ratio of 1.05. The business’s 50 day moving average is $4.35 and its two-hundred day moving average is $4.19. The firm has a market cap of $5.00 billion, a price-to-earnings ratio of 10.74, a PEG ratio of 0.25 and a beta of 1.89. BRF has a 52-week low of $2.45 and a 52-week high of $4.87.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded BRF from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 20th. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently 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.