Replies to post #10020 on Keeping It Simple

[eastunder]

GREELEY, Colo., April 27, 2016 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (Nasdaq: PPC) announced today that as part of its continuing strategy of improving its capital structure and generating shareholder value, its Board of Directors has approved the declaration of a special cash dividend of $2.75 per share. The total amount of the special dividend payment will be approximately $700 million, based on the current number of shares outstanding. The special cash dividend is payable on May 18, 2016, to stockholders of record on May 10, 2016.

"The Board’s decision to pay a special dividend is a reflection of the success we have had over the past five years in executing our portfolio strategy while partnering with key customers, relentless pursuing operational excellence and growing value-added exports. We will continue to seek ways to produce superior operating performance, reduce volatility and maximize our cash flow generation potential, within an optimized capital structure," stated Bill Lovette, Pilgrim's Chief Executive Officer.


Now that's a nice surprise!!!!!!!!!!

[eastunder]

PPC

"Eat Mor Chikin"

[eastunder]

PPC $20.13 +1.38 (+7.36%) on 1,097,903 Above Avg V

[eastunder]

PPC IBD cup/handle/BO
(marketsmith chart)

Left side 26.50
Right side 26.22
Handle 26.22-20.28
Pivot point 26.32



8/10

http://www.investors.com/stock-lists/stock-spotlight/chicken-producer-is-breaking-out-as-its-industry-gains-momentum/

The stock is currently on a five-week winning streak that has brought the stock off its lows — around the 200-day line — to a breakout above a 26.32 buy point. Five weeks up in a row is considered a sign of institutional accumulation.

The pattern also can be interpreted as a lopsided double bottom, with a buy point at 25.31. Shares are still in buy range from that entry.

[eastunder]

PPC

d/o 35
34.03 even w/8.53 specials on 2/17,060
1-16-15/7Q's/equiv to 1218.57 per Q/or 25% div when complete