The board of directors of Tyson Foods declared a quarterly dividend of 7.5 cents per share on Class A common stock and 6.75 cents per share on restricted Class B shares.
The cash dividend is payable on June 13, to shareholders of record on May 30.
Shares of Tyson Foods fell more than 3.6% in heavy trading on Monday, (Feb. 3) after rising 9% on record first quarter earnings reported Friday, (Jan. 31).
The stock closed Monday at $36.02, but then rose to $36,87 in extended market trading . For the past 52 weeks, the share price has ranged from a $21.79 low to a $38.25 high.