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Tyson Foods Announces Quarterly Dividend

Tyson Foods' Board of Directors declared a quarterly dividend of $0.48 per share on Class A common stock and $0.432 on Class B common stock.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

Tyson Foods' Board of Directors declared a quarterly dividend of $0.48 per share on Class A common stock and $0.432 on Class B common stock. This dividend is payable on June 15, 2023, to shareholders recorded as of the close of business on June 1, 2023. Tyson, headquartered in Springdale, Arkansas, is a leading global food company specializing in protein and operates with approximately 142,000 team members. Founded in 1935, it offers a diverse range of products under brands such as Tyson®, Jimmy Dean®, and Hillshire Farm®.

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Positive

  • Quarterly dividend per share declared: $0.48 (Class A) and $0.432 (Class B).
  • Dividend payment date set for June 15, 2023, indicating company commitment to returning value to shareholders.

Negative

  • None.
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-0.41% 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 -0.41%.

Data tracked by StockTitan Argus. Session date unavailable.

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

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SPRINGDALE, Ark., Feb. 09, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Tyson Foods (NYSE: TSN), at a meeting on Feb. 8, 2023, declared a quarterly dividend of $0.48 per share on Class A common stock and $0.432 per share on Class B common stock, payable on June 15, 2023, to shareholders of record at the close of business on June 1, 2023.

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®. Headquartered in Springdale, Arkansas, the company had approximately 142,000 team members on October 1, 2022. 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:  Philippa Brown, 479-290-1146
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 for Tyson Foods (TSN)?

The dividend amount for Tyson Foods is $0.48 per share for Class A common stock and $0.432 for Class B common stock.

When will the dividend for Tyson Foods (TSN) be paid?

The dividend will be paid on June 15, 2023.

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

The record date for the Tyson Foods dividend is June 1, 2023.

How often does Tyson Foods (TSN) pay dividends?

Tyson Foods typically pays dividends on a quarterly basis.

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