NEW YORK (
) -- The ex-dividend date for
) is tomorrow, August 30, 2011. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $17 as of 9:30 a.m. ET, the dividend yield is 0.9%.
The average volume for Tyson has been 4.8 million shares per day over the past 30 days. Tyson has a market cap of $6.3 billion and is part of the
industry. Shares are down 2% year to date as of the close of trading on Friday.
Tyson Foods, Inc., together with its subsidiaries, engages in the production, distribution, and marketing of chicken, beef, pork, and prepared food products, as well as related allied products worldwide. The company has a P/E ratio of 7.4, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Tyson as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full