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.

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 $0.42 per share on Class A common stock and $0.378 per share on Class B common stock, payable on December 15, 2020, to shareholders of record at the close of business on December 1, 2020.

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

FAQ

What is the dividend amount declared by Tyson Foods on August 6, 2020?

Tyson Foods declared a dividend of $0.42 per share on Class A common stock and $0.378 on Class B common stock.

When will Tyson Foods pay the declared dividend?

The dividend will be paid on December 15, 2020.

What is the record date for Tyson Foods' dividend payment?

The record date for the dividend payment is December 1, 2020.

How does Tyson Foods' dividend reflect its financial health?

The declared dividend indicates strong cash flow and commitment to returning value to shareholders.