Cal-Maine Foods Declares $0.36 Quarterly Dividend Under Variable Policy
Cal-Maine Foods Inc, the largest egg producer in the United States, will pay a cash dividend of approximately $0.36 per share for the third quarter of fiscal 2026. The dividend is payable May 14, 2026 to shareholders of record as of April 29, 2026.
Cal-Maine Foods Inc (NASDAQ: CALM), the largest egg company in the United States, declared a quarterly cash dividend of approximately $0.36 per share for the third quarter of fiscal 2026. The payment continues the company's variable dividend policy, which ties distributions to quarterly performance. Read more dividend announcements.
The dividend is payable May 14, 2026 to holders of record on April 29, 2026. The final amount paid per share will be based on the number of outstanding shares on the record date.
| Dividend Details | Information |
|---|---|
| Amount | $0.36 per share |
| Record Date | April 29, 2026 |
| Payment Date | May 14, 2026 |
| Type | Quarterly Cash |
Share Repurchase Activity
During the third quarter, Cal-Maine Foods repurchased 329,830 shares of common stock for a total of $24.3 million under its current authorization. The company's share repurchase program permits buybacks of up to $500 million, with $350.8 million remaining available.
Business Update
Cal-Maine Foods produces and distributes shell eggs across the full value spectrum, from conventional to specialty varieties including cage-free, organic, brown, free-range, pasture-raised, and nutritionally enhanced eggs. The company also participates in the prepared foods sector with products such as pre-cooked egg patties, omelets, hard-cooked eggs, pancakes, waffles, and specialty wraps.
Management highlighted improving dynamics in the prepared foods segment, with volumes expected to rebound as capacity comes online and utilization improves. The company's shell egg production efficiency increased during the quarter, with the percent produced to sold rising 3.1 percentage points to 91.5%.