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Published on : Nov 19, 2014

A quarterly dividend on November 18th was declared by Tyson Foods, reported Analyst Ratings Network.com. The shareholders of the February 27th record will be awarded a dividend of 0.10 per share on March 13th. 

This represents a yield of 0.94% and a $0.40 dividend on an annualized basis. However, the ex-dividend date of this particular dividend is February 25th. 

Such changes are considered as positive from Tyson Foods previous quarterly dividend of $0.08. There are several analysts who have recently commented on the stock activities. 

In a research note on Tuesday, research analysts at S&P Equity Research upgraded the data of shares of Tyson Foods to a “buy” rating.  

On these lines, the analysts at JPMorgan Chase & Co. also raised their price objective on Tyson Foods shares. These shares are now from $49.00 to $50.00 according to the research note. JPMorgan Chase & Co. holds a heavy rating on the overall stock.  

In addition, analysts at Miller Tabak also raised their price target and now have a “buy” rating on the Tyson Foods shares. The share range for them is $48.00 to $50.00, as per the research note on Tuesday. 

Moreover, nine analysts have given a buy rating and three have it on a hold rating to the company’s stock.  

Tyson Foods stocks currently have an average rating of “buy” with an average price target of $48.30.

Tyson Foods hit $42.65 and traded down 0.88% on Tuesday. The company also has a one year high of $44.24 and a one year low of $29.30. The overall stock of Tyson Foods traded at a volume of 7,315,601 shares. 

Also, the 50-day moving average stock is $40.02 and that of 200-day is $38.88. 

Tyson Foods have a $15.000 billion total marked cap and a P/E ratio of 15.65.

The company’s last released earnings were on November 17th that reported $0.87 earnings per share (EPS) for the quarter. This value beat the consensus estimate of $0.76 by $0.11.

As compared to the consensus estimate of $10.15 billion, Tyson Foods had revenue of $10.10 billion for the quarter. Nevertheless, in the same quarter last year, the company had $0.70 earnings per share with 13.6% revenue up for the quarter on a year-on-year basis. 

Market analysts predict that Tyson Foods will be posting $3.38 EPS for the present fiscal year.