Tyson Foods, Inc. Announces Quarterly Dividend
Rhea-AI Summary
On August 6, 2020, Tyson Foods declared a quarterly dividend of $0.42 per share on Class A common stock and $0.378 on Class B common stock, payable on December 15, 2020, to shareholders of record by the close of business on December 1, 2020. Tyson Foods, one of the largest food companies globally, continues to innovate in protein sustainability and product portfolio diversity, which includes well-known brands like Tyson®, Jimmy Dean®, and Hillshire Farm®.
Positive
- Quarterly dividend of $0.42 (Class A) and $0.378 (Class B) reflects strong cash flow.
- Continued innovation in sustainability positions the company favorably for future growth.
Negative
- None.
News Market Reaction – TSN
In the trading session that priced this news, TSN gained 0.54%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SPRINGDALE, Ark. , Aug. 06, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Tyson Foods, Inc. (NYSE: TSN), at a meeting on August 6, 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.
Source: Tyson Foods, Inc.
Category: IR
Media Contact: Gary Mickelson, 479-290-6111 Investor Contact: Jon Kathol, 479-290-4235