Tyson Foods Inc. (NYSE:TSN) announced a quarterly dividend on Monday, August 8th. Investors of record on Thursday, December 1st will be given a dividend of 0.15 per share on Thursday, December 15th. This represents a $0.60 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend is Tuesday, November 29th.

Shares of Tyson Foods (NYSE:TSN) opened at 58.66 on Thursday. The stock has a market cap of $22.00 billion, a P/E ratio of 12.95 and a beta of 0.18. The company has a 50 day moving average price of $68.86 and a 200 day moving average price of $69.67. Tyson Foods has a 1-year low of $48.52 and a 1-year high of $77.05.

Tyson Foods (NYSE:TSN) last released its quarterly earnings results on Monday, November 21st. The company reported $0.96 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.16 by $0.20. The company earned $9.16 billion during the quarter, compared to analysts’ expectations of $9.38 billion. Tyson Foods had a return on equity of 17.57% and a net margin of 4.79%. The company’s revenue was down 12.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.83 EPS. On average, equities analysts anticipate that Tyson Foods will post $4.59 EPS for the current year.

Dividend History for Tyson Foods (NYSE:TSN)

Several analysts have issued reports on TSN shares. RBC Capital Markets reissued a “sector perform” rating and issued a $75.00 price objective on shares of Tyson Foods in a research note on Sunday. Jefferies Group decreased their price objective on shares of Tyson Foods from $85.00 to $75.00 and set a “buy” rating for the company in a research note on Tuesday. raised their price objective on shares of Tyson Foods from $77.00 to $82.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 2nd. Zacks Investment Research downgraded shares of Tyson Foods from a “buy” rating to a “hold” rating in a research note on Friday, October 28th. Finally, Pivotal Research reissued a “sell” rating and issued a $40.00 price objective on shares of Tyson Foods in a research note on Wednesday. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $69.41.

In other Tyson Foods news, insider Noel W. White sold 74,934 shares of Tyson Foods stock in a transaction on Friday, August 26th. The shares were sold at an average price of $75.44, for a total value of $5,653,020.96. The transaction was disclosed in a document filed with the SEC, which is available through this link. 2.69% of the stock is currently owned by company insiders.

Several large investors have recently made changes to their positions in the stock. Azimuth Capital Management LLC bought a new stake in shares of Tyson Foods during the second quarter worth $221,000. Advisor Partners LLC raised its stake in shares of Tyson Foods by 1.2% in the second quarter. Advisor Partners LLC now owns 3,355 shares of the company’s stock worth $224,000 after buying an additional 40 shares during the period. Nuveen Fund Advisors LLC bought a new stake in shares of Tyson Foods during the second quarter worth $249,000. Veritable L.P. raised its stake in shares of Tyson Foods by 19.5% in the second quarter. Veritable L.P. now owns 4,213 shares of the company’s stock worth $281,000 after buying an additional 688 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Tyson Foods during the third quarter worth $310,000. 73.44% of the stock is currently owned by hedge funds and other institutional investors.

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About Tyson Foods

Tyson Foods, Inc is a food company. The Company is engaged in offering chicken, beef and pork, as well as prepared foods, including bacon, breakfast sausage, turkey, lunchmeat, hot dogs, pizza crusts and toppings, tortillas and desserts. The Company offers food products under Tyson, Jimmy Dean, Hillshire Farm, Sara Lee, Ball Park, Wright, Aidells and State Fair brands.

5 Day Chart for NYSE:TSN

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