Quicktake: BRF Brasil Foods

BRF Brasil Foods(BRFS) is a Brazil-based food company engaged in the “production and sale of poultry, pork, beef cuts, milk, dairy products, and processed food products.” The company markets its poultry products under the brand name Chester and is also the largest meat processor in the world. The company used to be called Perdigao. After its merger with Sadia it changed the name to BRF Brasil Foods.

BRFS dividend payout policy is to pay at least 25% of net income as dividends. From the 52-week low of $21.51 the stock has more than doubled to close at $52.37 in 2009. Average annual revenue growth in the past 5 years is about 25%.

For more information please visit BRF Brasil Foods Investor Relations site here.

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