Tyson Foods, Inc. Announces Quarterly Dividend
The Board of Directors of Tyson Foods declared a quarterly dividend of $0.42 per share on Class A common stock and $0.378 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.
Rhea-AI Summary
The Board of Directors of Tyson Foods declared a quarterly dividend of $0.42 per share on Class A common stock and $0.378 on Class B common stock. This dividend will be payable on September 15, 2020, to shareholders of record by September 1, 2020. Tyson Foods, founded in 1935, is a leading global food company known for its extensive portfolio, including brands like Tyson®, Jimmy Dean®, and Hillshire Farm®, and it employs 141,000 team members.
Positive
- Dividend of $0.42 per share on Class A stock signifies strong shareholder returns.
- Continued commitment to dividend payments reflects confidence in financial stability.
Negative
- None.
Details
News Market Reaction – TSN
The recorded move for TSN in the trading session of this news was +0.61%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SPRINGDALE, Ark., May 08, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Tyson Foods, Inc. (NYSE: TSN), at a meeting on May 7, 2020, declared a quarterly dividend of
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 three 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 has 141,000 team members. 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.
Media Contact: Gary Mickelson, 479-290-6111
Investor Contact: Jon Kathol, 479-290-4235
Source: Tyson Foods, Inc.
Category: IR
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