Tyson Foods, Inc. (TSN) To Go Ex-Dividend on September 1st

Tyson Foods, Inc. (NYSE:TSN) declared a quarterly dividend on Thursday, May 7th. Shareholders of record on Tuesday, September 1st will be paid a dividend of 0.51 per share on Tuesday, September 15th. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Tuesday, September 1st.

Tyson Foods has raised its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 13 years. Tyson Foods has a payout ratio of 50.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Tyson Foods to earn $4.65 per share next year, which means the company should continue to be able to cover its $2.04 annual dividend with an expected future payout ratio of 43.9%.

Tyson Foods Stock Performance

Shares of Tyson Foods stock opened at $68.44 on Friday. Tyson Foods has a 52 week low of $50.56 and a 52 week high of $69.48. The company has a quick ratio of 0.66, a current ratio of 1.83 and a debt-to-equity ratio of 0.44. The stock’s fifty day moving average is $63.35 and its two-hundred day moving average is $60.08. The company has a market capitalization of $24.09 billion, a PE ratio of 53.89, a price-to-earnings-growth ratio of 1.39 and a beta of 0.40.

Tyson Foods (NYSE:TSN) last posted its quarterly earnings results on Monday, May 4th. The company reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.11. Tyson Foods had a return on equity of 7.59% and a net margin of 0.81%.The business had revenue of $13.65 billion for the quarter, compared to the consensus estimate of $13.63 billion. During the same quarter in the prior year, the company earned $0.92 EPS. The business’s revenue was up 4.4% compared to the same quarter last year. As a group, analysts expect that Tyson Foods will post 4.1 earnings per share for the current year.

About Tyson Foods

Tyson Foods, Inc (NYSE: TSN) is a multinational food company primarily engaged in the production, processing and marketing of protein-based and prepared food products. Founded in 1935 and headquartered in Springdale, Arkansas, the company is one of the world’s largest processors of chicken, beef and pork. Its operations span live animal procurement and farming relationships through slaughter, further processing and distribution, supplying raw protein and value-added prepared foods to retail, foodservice and industrial customers.

The company’s product portfolio covers fresh and frozen meats, branded and private-label prepared foods, and a range of value-added items such as ready-to-eat and ready-to-cook meals, snack and sandwich meats.