Tyson Stock To Go Ex-dividend Tomorrow (TSN)

NEW YORK ( TheStreet) -- The ex-dividend date for Tyson Foods (NYSE: TSN) is tomorrow, February 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 4 cents per share. At a price of $18.94 as of 9:30 a.m. ET, the dividend yield is 0.8%.

The average volume for Tyson has been 3.5 million shares per day over the past 30 days. Tyson has a market cap of $5.68 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 8% 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, prepared foods, and related allied products worldwide. The company has a P/E ratio of 11.9, above the average food & beverage industry P/E ratio of 9.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Tyson as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, increase in stock price during the past year and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Tyson Ratings Report.

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