Tyson Foods declares quarterly dividend

by Talk Business & Politics staff ([email protected]) 80 views 

On the heels of a record third quarter earnings report that showed year-to-date net income up 43%, Tyson Foods’ board of directors declared a 15-cent cash dividend payment to Class A shareholders of record on Dec. 1. The payment date is slated for Dec. 15.

Tyson said the payment is in line with the previous quarter’s dividend.

The largest shareholder of Tyson Foods remains the estate of Don Tyson and his heirs who hold more 70 million shares of Class B stock which will receive a 13.5-cent cash dividend for each restricted share of stock.