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Tyson Foods Announces Quarterly Dividend

On August 11, 2022, Tyson Foods (NYSE: TSN) declared a quarterly dividend of $0.46 per share for Class A common stock and $0.414 for Class B common stock.

(Neutral)

Sentiment and the balance of points

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Rhea-AI Summary

On August 11, 2022, Tyson Foods (NYSE: TSN) declared a quarterly dividend of $0.46 per share for Class A common stock and $0.414 for Class B common stock. This dividend is payable on December 15, 2022, to shareholders on record by the close of business on December 1, 2022. Tyson Foods is a leading protein company with a wide range of brands and approximately 137,000 employees. The company aims to innovate sustainably and enhance the quality of its food products.

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Positive

  • Declared a quarterly dividend of $0.46 for Class A and $0.414 for Class B shares.
  • Demonstrates commitment to returning value to shareholders.
  • Company has a significant workforce of approximately 137,000 employees.

Negative

  • None.
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+1.36% session move Open Argus
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News Market Reaction – TSN

The recorded move for TSN in the trading session of this news was +1.36%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SPRINGDALE, Ark., Aug. 11, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Tyson Foods (NYSE: TSN), at a meeting on Aug 11, 2022, declared a quarterly dividend of $0.46 per share on Class A common stock and $0.414 per share on Class B common stock, payable on December 15, 2022, to shareholders of record at the close of business on December 1, 2022.

About Tyson Foods

Tyson Foods, Inc. (NYSE: TSN) is one of the world’s largest food companies and a recognized leader in protein. Founded in 1935 by John W. Tyson and grown under four generations of family leadership, the Company has a broad portfolio of products and brands like Tyson®, Jimmy Dean®, Hillshire Farm®, Ball Park®, Wright®, Aidells®, ibp® and State Fair®. Tyson Foods innovates continually to make protein more sustainable, tailor food for everywhere it’s available and raise the world’s expectations for how much good food can do. Headquartered in Springdale, Arkansas, the Company had approximately 137,000 team members on October 2, 2021. Through its Core Values, Tyson Foods strives to operate with integrity, create value for its shareholders, customers, communities, and team members and serve as a steward of the animals, land and environment entrusted to it. Visit www.tysonfoods.com.

Media Contact: Derek Burleson, 479-290-6466
Investor Contact: Brandon Tucker, 479-290-3927

Source: Tyson Foods, Inc.
Category: IR


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Tyson Foods (TSN)?

Tyson Foods declared a quarterly dividend of $0.46 per share for Class A common stock and $0.414 for Class B common stock.

When will Tyson Foods (TSN) pay its declared dividend?

The dividend will be payable on December 15, 2022.

What is the record date for Tyson Foods (TSN) dividend payment?

The record date for the dividend payment is December 1, 2022.

How frequently does Tyson Foods (TSN) pay dividends?

Tyson Foods typically pays dividends quarterly.

Is the dividend from Tyson Foods (TSN) sustainable?

The sustainability of dividends depends on the company's financial performance and strategic decisions.

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