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

Tyson Foods, Inc. (NYSE:TSN – Get Free Report) announced a quarterly dividend on Thursday, May 7th. Stockholders 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 dividend yield of 3.7%. The ex-dividend date is Tuesday, September 1st.

Tyson Foods has increased its dividend payment by an average of 0.0%per year over the last three years and has raised 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 research analysts expect Tyson Foods to earn $4.49 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 45.4%.

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Tyson Foods Stock Performance

Shares of TSN stock opened at $55.43 on Friday. The firm has a market cap of $19.50 billion, a price-to-earnings ratio of 34.22, a PEG ratio of 1.85 and a beta of 0.40. 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 0.55, a current ratio of 1.43 and a debt-to-equity ratio of 0.36. The company’s 50 day moving average is $57.97 and its 200 day moving average is $61.13.

Tyson Foods (NYSE:TSN – Get Free Report) last posted its earnings results on Monday, August 3rd. The company reported $0.99 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.99. The company had revenue of $13.87 billion during the quarter, compared to analyst estimates of $14.07 billion. Tyson Foods had a return on equity of 7.77% and a net margin of 1.03%.Tyson Foods’s revenue was down .1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.91 earnings per share. On average, sell-side analysts anticipate that Tyson Foods will post 3.95 EPS for the current fiscal year.

About Tyson Foods

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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.

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