Tyson Foods (TSN) Reports Election of Maria Claudia Borras to Board

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Tyson Foods (TSN) Declares $0.445 Quarterly Dividend; 2.7% Yield

February 11, 2021 4:53 PM EST

Tyson Foods (NYSE: TSN) declared a quarterly dividend of $0.445 per share, or $1.78 annualized.

The dividend will be payable on June 15, 2021, to stockholders of record on June 1, 2021, with an ex-dividend date of May 28, 2021.

The annual yield on the dividend is 2.7... More

Tyson Foods (TSN) Tops Q1 EPS by 45c, Offers Outlook

February 11, 2021 6:28 AM EST

Tyson Foods (NYSE: TSN) reported Q1 EPS of $1.94, $0.45 better than the analyst estimate of $1.49. Revenue for the quarter came in at $10.46 billion versus the consensus estimate of $10.84 billion.

GUIDANCE:

Tyson Foods sees FY2021 revenue of $42-44 billion.

COVID-19 We continue to proactively manage the Company and its operations through this global pandemic. Given the nature of our business, demand for food and protein may shift amongst sales channels and experience disruptions, but over time we expect worldwide demand to continue to increase. We are experiencing multiple challenges related... More

Tyson Foods (TSN) and Malayan Flour Mills Berhad Announce Partnership

February 10, 2021 6:22 AM EST

Tyson Foods, Inc. (NYSE: TSN) and Malayan Flour Mills Berhad (KLSE: MFLOUR) today announced a partnership in which Tyson Foods will invest in the Malaysia-based companys vertically integrated poultry business, which will add more supply flexibility for both companies. The transaction is subject to approval by the shareholders of Malayan Flour Mills Berhad (MFM), amongst others.

Once completed, the poultry deal will optimize our existing Malaysia business and expand MFMs poultry business, said Chris Langholz, International President of Tyson Foods. This partnership will add... More